The Country Partnership Framework (CPF) for 2024–28 between Panama and the World Bank Group outlines a collaborative strategy aimed at promoting inclusive, resilient, and sustainable growth. It focuses on three primary objectives:
- Inclusive Job Creation: This involves improving access to finance for women and small and medium-sized enterprises (SMEs), promoting sustainable tourism, and supporting agribusiness.
- Strengthening Human Capital and Basic Services: The CPF prioritizes health, education, and water services, particularly for vulnerable populations.
- Enhancing Resilience to Natural Disasters and Climate Change: This goal encompasses the sustainable management of natural resources and improved institutional preparedness.
Two cross-cutting pillars support the framework: institutional strengthening and social inclusion.
The CPF is grounded in the 2023 Systematic Country Diagnostic, which identifies key structural challenges such as low productivity, inequality, high informality, and vulnerability to climate change. The World Bank Group aims to focus its support on areas where it has a comparative advantage, facilitating collaborative solutions among the World Bank, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). Additionally, the strategy includes enhancing public investment management, fostering public-private partnerships, and implementing more effective social protection mechanisms.
Last Updated: Oct 6, 2025