World Bank Document

mitigated.  The most important relate to political will and governance, macroeconomic stability, 

institutional capacity for implementation and sustainability, fiduciary requirements, and environmental 

and social safeguards, and overall program performance risks stemming from absence of data.  

 

 

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I. 

INTRODUCTION 

 

1. 

This Country Partnership Framework (CPF) covers the five-year period FY16-20. 

Anchored in the government’s medium-term development plan as outlined in a January 2015 Cabinet 

of Ministers Program of Action, it also reflects the analysis and recommendations of the World Bank 

Group’s (WBG) 2015 Systematic Country Diagnostic (SCD) for Uzbekistan and the lessons learned 

from the Completion Report of the previous CPS. The CPF’s objectives and program, which focus 

on developing the conditions for faster job creation, are consistent with the WBG’s twin goals of 

eliminating extreme poverty and boosting shared prosperity. The last Country Partnership Strategy 

(CPS), FY12-15, was discussed by the Board on December 6, 2011 (Report No. 65028-UZ) and a 

progress report was distributed in June 2014 (Report No. 84954-UZ).