Country Partnership Framework (CPF)

The World Bank Group and the Government of Sri Lanka have officially launched a new five-year Country Partnership Framework (CPF), establishing a strategic roadmap to accelerate the nation’s economic recovery and stimulate private investment.

According to a joint announcement, the framework is designed to support Sri Lanka’s continued recovery efforts, with the specific goal of achieving a 7% medium-term economic growth target while fostering large-scale job creation.

A Strategic Alignment

The CPF serves as the centerpiece of the World Bank Group’s engagement with member nations. This new approach aligns the Group’s support with Sri Lanka’s national development goals and the new WBG Scorecard. Key features of the tool include:

• Duration: Typically spanning four to six years, with a maximum window of ten years.
• Purpose: Guiding strategic engagement and channeling resources to high-impact areas.
• Focus: Bridging the gap between macroeconomic stabilization and inclusive, private-sector-led growth.