World Bank Document

upper middle-income country by 2050. To achieve this goal, it needs to transition from a factor-

driven economy to a more market-oriented, efficiency-driven one through diversification and 

investments in skills, institutions and infrastructure to improve energy-efficiency and trade logistics. 

Two important principles of the government’s vision are: (a) economic diversification away from 

commodity exports; and (b) ensuring a more equitable distribution of the benefits of growth across 

regions and income groups. Agricultural development, including of labor intensive crop and livestock 

production and job creation in associated upstream and downstream agribusinesses, is seen as 

contributing to both.