00:00 The Gambia,
00:01 the smiling coast of Africa,
00:02 is at a critical juncture in its development trajectory.
00:06 The country has made headway on key reforms in service delivery
00:10 since its 2017 democratic transition,
00:13 but is still facing challenges in overcoming fragility.
00:17 The economy grew by 6%
00:19 during the two years before COVID-19 struck.
00:22 This growth was supported by rebounding public confidence,
00:26 investment,
00:27 low interest rates,
00:28 and growing tourism,
00:30 trade and construction.
00:32 However,
00:33 the pandemic halted this economic growth
00:36 in 2020
00:37 with projected severe impacts on the poor and vulnerable,
00:40 including women and the elderly.
00:42 The World Bank Group and the government of The Gambia
00:45 have prepared a new Country Partnership framework,
00:48 or CPF
00:49 to support the country's development priorities
00:51 through 2026.
00:54 The CPF is aligned with the Gambia's National Development Plan
00:58 and will focus on accelerating the country's transition
01:01 out of fragility
01:02 and on supporting the government's vision of sustainable,
01:05 resilient
01:06 and inclusive growth.
01:07 Building on past and ongoing assistance,
01:10 this partnership between the World Bank Group and The Gambia
01:13 will focus on three priority areas.
01:16 The CPF will help the country improve the transparency,
01:20 accountability and effectiveness of the public administration
01:24 and create space in the government's budget for
01:26 productive investments in infrastructure and human capital.
01:30 The World Bank Group
01:31 will also support the government's efforts
01:34 to create an enabling business environment
01:37 that fuels job creation by investing in infrastructure,
01:40 strengthening the role of commercial agriculture,
01:43 boosting the tourism sector,
01:45 and increasing urban,
01:46 coastal and climate resilience.
01:49 Finally,
01:50 this partnership will help improve the quality of
01:52 and access to essential healthcare,
01:55 expand social protection services,
01:57 enhance the quality of education,
02:00 and explore ways to improve skills and employability of women and youth.
02:05 How is the CPF different?
02:07 The CPF will be anchored on supporting the government's transition
02:11 out of fragility
02:13 and will support the transition to the green,
02:15 resilient
02:16 and inclusive development grid approach.
02:19 The program will focus on two cross-cutting principles.
02:23 A,
02:23 accelerate cross-sectoral digital transformation,
02:27 and B,
02:28 empower women and girls.
02:30 The recovery of The Gambia's economy
02:33 will require tackling its underlying challenges
02:36 to public service delivery,
02:38 addressing the constraints that impede the
02:40 development of its key economic sectors,
02:42 and investing in its most important asset,
02:45 its people.
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