The development objective of the Growth and Competitiveness Programmatic Development Policy Financing (DPF) Project for Ethiopia is structured around three strategic pillars: (i) maximizing finance for development; (ii) boosting competitiveness through a better environment for the private sector; and (iii) enhancing public transparency and accountability to promote good governance. It supports the implementation of the government’s second growth and transformation plan (GTP II) 2016-2020 and advances Ethiopia’s strategic vision for becoming a lower-middle-income country by 2025. The DPF supports the acceleration of the government’s reform program under GTP II by taking actions to open the private sector for competition and foreign participation, reform state-owned enterprise (SOE) sector, and put the economy on a fiscally sustainable path. The presented operation is aligned with both the World Bank Group (WBG) country partnership framework (CPF) 2018-2022 for Ethiopia and the WBG’s twin goals of boosting shared prosperity and ending extreme poverty.
Federal Democratic Republic of Ethiopia - Ministry of Finance and Economic Cooperation
H.E. Dr. Abraham Tekeste
H.E. Dr. Yinager Dessie
Governor, National Bank of Ethiopia
H.E. Ato Fisseha Aberra
Director, IFCooperation Directorate
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