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Country Partnership Strategy framework urged to be devised

President Tran Dai Quang asked World Bank to work closely with the Vietnamese government in establishing the Vietnam – WB Country Partnership Strategy (CPS) framework.
Country Partnership Strategy framework urged to be devised ảnh 1President Tran Dai Quang (R) and WB Country Director in Vietnam Ousmane Dione (Source: VNA)
Hanoi (VNA) – PresidentTran Dai Quang asked World Bank (WB) Country Director in Vietnam Ousmane Dioneto work closely with the Vietnamese government in establishing the Vietnam – WBCountry Partnership Strategy (CPS) framework in the new period during areception in Hanoi on December 15.

The host hailed Dione in his newposition and wished that the WB Country Director would build on his successor’sachievements to elevate bilateral ties.

He spoke highly of the WB’s supportto Vietnam over the past years, including the building of the Vietnam Report2035 that suits orientations and goals set by the 12th NationalParty Congress.

The President spoke of Vietnam’s keypriorities, including strengthening macro-economic stability; economicrestructuring in the fields of public investment, banking, State-ownedenterprises and fiscal reform; public debt management; infrastructure upgrade;and climate change response.

He also assured his guest that he hasdirected agencies concerned to accelerate negotiations, signing and approval ofloan agreements with the WB, but project quality must be put first.

Vietnam has continually paid heed to theeffective use of loans provided by the international community and the WB inparticular, he affirmed, adding that the country always works hard to monitorthe process.

Dione, for his part, said Vietnam’ssuccess is significant to the WB as the country is recognised as a successstory during the national development.

The guest pledged that the WB wouldliaison closely with Vietnamese agencies to align the CPS framework withVietnam’s development orientations for 2017-2020.

According to him, the lender needs furtherconsultancies in the four pillars, including the development of the privateeconomic sector, human development, environment sustainability and Stategovernance within the CPS framework./.
VNA

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