On September 12, 2024, the World Bank Group’s Board of Executive Directors endorsed the new Country Partnership Framework (CPF) FY25-29 for Bulgaria, aimed at enhancing competitiveness and social inclusion while promoting a low-carbon and more sustainable economy. This CPF provides a roadmap for World Bank Group engagement for the current EU programming cycle through 2029. Engagements include:

• The International Bank for Reconstruction and Development (IBRD) has, during the last three decades, provided Bulgaria with $3.3 billion in financing spread across 45 operations.

• The International Finance Corporation (IFC) program in Bulgaria totals $690.9 million. It comprises $109 million on IFC’s own account and core mobilization of $582 million, across six projects linked to infrastructure, insurance, healthcare, and trade finance.

This CPF marks a renewed engagement with Bulgaria, with a sharpened focus on sustainable and digital development, while maintaining the emphasis of the previous CPF on improving institutions and investing in people for enhanced competitiveness and inclusion.
Read More
Read Less
style
grid, title-text-button-container
col-ctrl
col-3
col1-class
col-lg-10 col-md-10 col-sm-12 col-xs-12
col1-blocks
text
col2-class
col-lg-1 col-md-1 col-sm-12 col-xs-12
col3-class
col-lg-6 col-md-6 col-sm-12 col-xs-12
col3-blocks
video