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The unanticipated spike in international food prices in 2007-08 hit many developing countries hard. International prices for food and other agricultural products increased by more than 100 percent between early 2007 and mid-2008. Prices for food cereals more than doubled; and those for rice doubled in the space of just a few months. The food price increases were particularly hard on the poor and near-poor in developing countries, many of whom spend a large share of their income on food and have limited means to cope with price shocks. An estimated 1.29 billion people in 2008 lived on less than $1.25 a day, equivalent to 22.4 percent of the developing world population. In addition, the Food and Agriculture Organization estimated that 923 million people were undernourished in 2007. Simulation models suggested that poverty rose by 100-200 million people and the undernourished increased by 63 million in 2008. The World Bank organized rapidly for short-term support in the crisis, launching a fast-track program of loans and grants, the Global Food Crisis Response Program (GFRP). The GFRP mainly targeted low-income countries, and provided detailed policy advice to governments and its own staff on how to respond to the crisis. The Bank also scaled up lending for agriculture and social protection to support the building of medium-term resilience to future food price shocks. The International Finance Corporation responded by sharply increasing access to liquidity for agribusinesses and agricultural traders in the short and medium term, as well as new programs to improve incentives for agricultural market participants. This evaluation assesses the effectiveness of the World Bank Group response in addressing the short-term impacts of the food price crisis and in enhancing the resilience of countries to future shocks.

Rwanda is widely celebrated for the remarkable social, political, and economic renaissance it has experienced in the years following the genocide against the Tutsi of 1994. However, Rwanda appears to have relatively higher poverty rates than African peers with similar income per capita, and its elasticity of poverty reduction to growth is low compared to high‐growing SSA peers. Poverty is concentrated in rural areas and among households with many children. Rwanda now faces challenges in fully translating its very strong growth into commensurate gains in poverty reduction and shared prosperity. This Country Partnership Framework (CPF) sets out the World Bank Group's (WBG) plans for addressing the country's development priorities as identified in the 2019 Systematic Country Diagnostic (SCD) and Rwanda's National Strategy for Transformation (NST1) well as supporting Rwanda's response to the Coronavirus (COVID‐19) pandemic to recover from the negative public health and socio‐economic impacts of the pandemic. The CPF takes into account Rwanda's anti‐crisis response program as of mid‐May 2020, including the government's emergency Economic Recovery Plan, although it will likely continue to evolve in coming months. It was agreed with the authorities that should the situation warrant considerable changes to the government's strategy and its program with the WBG, the Performance and Learning Review (PLR) will be brought forward to accommodate such changes. The CPF spans two IDA cycles, IDA19 (July 2020 to June 2023) and IDA 20 (July 2023 to June 2026). Given the country's preference for frontloading its IDA commitment, and a track record of making good use of additional IDA resources available, Rwanda will explore the use of additional resources from IDA windows.

This five-year Country Partnership Framework (CPF) for Senegal lays out the World Bank Group (WBG) program for the FY20–FY24 period, which aims to support the country in its path towards achieving middle-income status by 2035.

Propelled by almost 20 years of sustained growth, Cabo Verde achieved low middle-income country (MIC) status in 2007, one of the first African countries to do so. The impact of the 2008 crisis on Cabo Verde's growth trajectory was heightened by the country's undiversified economy. Since 2016, the resumption of growth, combined with fiscal consolidation efforts, have helped to strengthen public sector finances. In response to these challenges, the Government launched an ambitious development strategy for 2017-2021, the Strategic Plan for Sustainable Development. The FY20-25 Country Partnership Framework (CPF) will support the Government's strategy through highly selective interventions.

Past economic success notwithstanding, this Country Partnership Framework (CPF) comes at a time when Kazakhstan faces growing challenges. Institutional and governance reforms have been identified by the Systematic Country Diagnostic (SCD) as the main constraint to achieving Kazakhstan's development goals. This CPF incorporates shifts in the World Bank Group (WBG) program that are intended to directly support Kazakhstan's development objectives and assist it in IBRD graduation. The CPF will also involve a high degree of selectivity to ensure that its programming is consistent with the WBG's value proposition to upper-middle-income countries as well as the IBRD graduation policy.

This Country Partnership Framework (CPF) for FY19–FY22 sets out the World Bank Group's (WBG) proposals for supporting the Government of Georgia's vision of developing a market based economy while ensuring nationwide prosperity and strengthening its regional position. Building on the strong foundation put in place by the previous FY14 to FY17 Country Partnership Strategy (CPS), this CPF will work to consolidate gains and move the economy toward addressing next generation development challenges for sustained and inclusive growth and poverty reduction. The CPF proposes a strategic shift in focus from an infrastructure heavy program to one that emphasizes expanding human capital. WBG interventions over the next four years will aim to reduce gaps in human endowments and create economic opportunities that will ensure inclusive and sustainable economic growth. The WBG will support Georgia in sustaining strong productivity led growth while maintaining a direct line of sight to the "Bottom 40" those Georgians whose annual household income falls into the bottom 40 percent of the country. To support the government in achieving the twin goals of eliminating extreme poverty and promoting shared prosperity, the CPF envisages support to Georgia across three focus group areas: (i) enhancing inclusive growth and competitiveness, (ii) investing in human capital, and (iii) building resilience. The CPF will pay special attention to vulnerable groups and lagging regions that have not benefited from the fruits of growth.Interventions will target special groups such as women, youth, and rural communities where most poor people live. Across the three focus areas, the CPF will rely on three engagement principles to guide the selection of interventions: (i) maximizing finance for development (MfD), which aims to leverage the private sector for growth and sustainable development; (ii) spatial equity, as a means to redress currently regional imbalances within the country; and (iii) innovation, given the rapid pace of technological changes and digitization and its effects on productivity and competitiveness. Lending commitments will evolve during the CPF as they have throughout the WBG's engagement with Georgia and the current portfolio of investments and advisory services and analytics (ASA) will serve as a solid base to enable the WBG to achieve the intended strategic shifts in this CPF.

One of the key objectives of this first SCD of the Republic of Congo is to serve as an essential input to the Country Partnership Framework. The SCD is not intended to carry out substantial new analytical work, but rather to draw upon and synthesize the existing evidence. A substantial amount of analytical work on Congo has been carried out in recent years, covering a wide range of subjects. These reports and studies conducted by the World Bank were supplemented by studies prepared by the government and other development partners and formed a solid basis for the analysis presented in the chapters to follow. The report is divided into two main parts. The first part presents the growth drivers and constraints for achieving the twin goals of eliminating extreme poverty in Congo by 2030 and promoting shared prosperity. The second part categorizes the constraints, prioritizes them according to the impact they have on the twin goals, identifies areas for improvement, and provides recommendations for leveraging the country's opportunities and achieving sustainable and equitable growth.

The Country Partnership Framework (CPF) for Belize covers the period from July 1, 2017 to June 30, 2022 (FY18-22). It presents the World Bank Group's (WBG) program and the anticipated results framework. It builds on the results and lessons of Belize's first Country Partnership Strategy (CPS) that covered the period FY12-15. This CPF is well aligned with the Government's long-term development vision, Horizon 2030: National Development Framework 2010-2030, and the thematic priorities emerging from the 2016 Belize Systematic Country Diagnostic (SCD). The overarching goal of the proposed CPF is to support Belize in strengthening its economic resilience. Recognizing the special characteristics of a small state with associated capacity and absorptive constraints, the CPF proposes a consolidated and focused program. This will be the second full strategy for Belize, with the engagement still maturing, and it factors in lessons from the implementation of the first strategy. Therefore, the CPF will retain flexibility in some elements of the engagement that will be further defined with the Government during implementation. The Performance and Learning Review (PLR) at mid-point will incorporate necessary adjustments including in the Results Framework. The CPF is organized around two focus areas: (a) fostering climate resilience and environmental sustainability; and (b) promoting Financial Inclusion and social resilience. To support these focus areas, the CPF envisages the implementation of a program that could reach up to US$30 million in new loans, subject to how program performance evolves in the course of the CPF period, continued Government interest in IBRD financing, and on IBRD's lending capacity and demand from other borrowers. It will also be supported by non-lending instruments, notably Analytics and Advisory Services (ASAs), regional initiatives and trust fund resources.

Three key characteristics help shed light on Chile's development performance. First, strong institutions and sound macroeconomic policies have contributed to long-term economic growth. Second, market-oriented policies have boosted growth through productivity-enhancing reforms and helped improve the design of public services and social policy. Third, as the world's biggest copper producer and exporter, Chile is characterized by commodity dependence. These characteristics have helped the government achieve an average annual growth rate of almost 5 percent over the last 30 years, while reducing the poverty rate to less than 8 percent. Chile's middle class is one of the largest in Latin America; yet, inequality remains substantial. Economic development has led to a steep increase in life expectancy and a decline in fertility rates. Indeed, though relatively less than other countries in the Organisation for Economic Co-operation and Development (OECD), Chile is advanced in the demographic transition, which pose important challenges to economic growth and labor productivity.

Solomon Islands is a small, remote archipelago in the South Pacific that faces a fairly unique set of development challenges. Solomon Islands is now at a critical juncture in its development trajectory. Neither the economic geography nor the present political economy of Solomon Islands is particularly conducive to the establishment of state institutions capable of managing upcoming socioeconomic change. Because of the weaknesses of state institutions, and consistent with Solom on Islands' historical experience, a variety of non-state and international actors will need to play important roles in managing upcoming and potentially risky socioeconomic change. This Systematic Country Diagnostic (SCD) for Solomon Islands identifies key challenges and opportunities for achieving inclusive and sustainable growth, to accelerate progress toward the World Bank Group's twin goals of reducing extreme poverty and promoting shared prosperity.

The Country Partnership Framework (CPF) for Ukraine covers the 5 years from FY17 to FY21. The CPF is aligned with the objectives of the country's development strategy as outlined in the Government Program and Action Plan adopted in April 2017 and is based on the findings and recommendations of the World Bank Group (WBG) Systematic Country Diagnostic (SCD) for Ukraine. The objective of the WBG CPF in Ukraine during FY17-FY21 is to promote sustained and inclusive economic recovery after nearly a decade of stagnation and two years of economic crisis. The focus areas of the CPF broadly parallel the pathways identified in the SCD, but are further prioritized. The engagement will be highly selective and based on the intersection of the Government's development agenda, the development challenges and approaches outlined in the SCD, and the comparative advantage and capacity of WBG to deliver. The resulting CPF focus areas are : (i) Better Governance, Anticorruption, and Citizen Engagement; (ii) Making Markets Work; (iii) Fiscal and Financial Sustainability; and (iv) Efficient, Effective, and Inclusive Service Delivery.