The Korea-World Bank Partnership Facility (KWPF), established in May 2013, is an initiative to strengthen ties between Korea’s Ministry of Finance and Economy (MoFE) and the World Bank Group. The Facility supports low- and middle-income countries in adapting and applying Korea’s development experience, technical expertise, and solutions to address development challenges and advance inclusive and sustainable growth.
Through this Facility, the Government of Korea has made accumulative contributions of US$553 million. Currently, the trust fund is in its second phase of implementation.
KWPF Global Portfolio Overview
