Attracting private capital and developing the private sector in low-income countries are challenging. The challenges involved in mobilizing private capital and developing the private sector in many IDA countries, especially those that are fragile and conflict-affected situations (FCS), are...

Recurring development challenges and new compounding crises affecting client countries and firms constrain the ambition of the International Finance Corporation (IFC) to contribute to attainment of the Sustainable Development Goals (SDGs) by 2030. The recurring challenges, including insufficient...

Marine and coastal resources are critical for human survival. The economies of many coastal developing countries and small island developing states rely heavily on maritime industries, associated trade, and tourism. In coastal and island developing countries, small-scale fisheries and other...

In 2015, the World Bank approved a new procurement framework, which aimed to reform its approach to procurement. The World Bank's reform was intended to reform its procurement systems and the way procurement is supported in client countries. The procurement reform emphasized seven core...

This Country Program Evaluation (CPE) will assess the World Bank Group's engagement in Papua New Guinea between FY08 and FY22. The Papua New Guinea has an abundant resource endowment of oil and mineral wealth, but this wealth has not translated into significant welfare gains for most citizens....

Interest is high on the World Bank's role in and use of the Low-Income Country Debt Sustainability Framework (LIC-DSF) in light of the sharp rise in debt stress among low-income countries and a changing global risk landscape in the years leading up to and resulting from the coronavirus pandemic...

The achievement of learning outcomes has been a long-standing challenge for education systems across the developing world and has significant consequences for economic development. To realize the development aims of education investments, students need to learn, but too many have not, especially...

In December 2016, the International Finance Corporation (IFC) introduced its latest strategy, IFC 3.0, which aimed to enhance IFC's development impact by creating "new and stronger markets for private sector solutions" (IFC 2019) and “mobilizing private capital at significant scale" (IFC 2021)...

Accounting for almost half of global gross domestic product and 70 percent of the world's population, middle-income countries (MICs) face multiple development challenges limiting achievement of the Sustainable Development Goals (SDGs), including poverty and inclusion, climate change, financial...

This Country Program Evaluation aims to assess the World Bank Group's contribution to Morocco's development trajectory over the past decade (fiscal years 2011-21) and is timed to inform the next Country Partnership Framework and future Bank Group engagements in the country. The Country Program...