Friday, December 16, 2011

Bolivia World Bank Plurinational State Country partnership strategy for FY2012-2015

The Board of Executive Directors discussed the joint IDA/IBRD/IFC/MIGA Country. Partnership Strategy (CPS) for the Plurinational State of Bolivia for the period FY2012-2015.Directors commended the Bolivian authorities for the prudent macroeconomic policies and resilient financial sector that: (i) helped minimize the impact of the 2008-2009 global economic crises, and (ii) supported sustained economic growth in recent years. They also welcomed the Government’s continued emphasis on reducing poverty and inequality with a focus on the most vulnerable. Despite these efforts, Directors noted that high levels of poverty and inequality persist. In this regard, they welcomed the Bank’s support to the Government’s efforts to reduce poverty and inequality and promote sustainable development, particularly in rural areas.

World Bank. Document Date:  2011/12/01.Document Type: Chairman's Concluding Remarks.Report Number:65923.Volume No:1 of 1