The World Bank Group's Executive Board, in collaboration with Paraguay, has established a Country Partnership Framework (CPF) for the years 2019-2023. This framework outlines a comprehensive program for lending and technical assistance aimed at helping Paraguay transition to a sustainable economic model. The CPF emphasizes three key focus areas: investing in human capital, strengthening anti-corruption efforts, and enhancing institutional capacity.

The CPF is structured around three core pillars:

1. Promoting accountable institutions and improving the business environment.
2. Reducing volatility, enhancing natural capital management, and supporting the rural economy.
3. Strengthening human capital.

Expected outcomes from this partnership include empowering small farmers to access markets, increasing resilience to climate events, ensuring universal access to primary healthcare for vulnerable populations, and improving the management of public spending in social development. Additionally, the framework incorporates the International Finance Corporation's (IFC) specialized financial products and advisory services to foster private sector development and leverages the Multilateral Investment Guarantee Agency's (MIGA) role in attracting more foreign investment to the country.

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