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NewsWhore
09-22-2009, 04:30 PM
The World Bank's new Country Partnership Strategy (CPS) with the Dominican Republic 2010-2013 was presented to the Bank's Board of Directors today. It earmarks possible financial support of up to US$500 million for the country during the next four years.
"The government, with the World Bank's cooperation, will continue its efforts to strengthen public institutions, to eliminate obstacles and decrease the costs and the timeframes for doing business, and to promote economic growth and competitiveness", said Economy, Planning and Development Minister Temistocles Montas.
This new Partnership Strategy with the Dominican Republic is in keeping with the National Development Strategy objectives that were recently defined by the Dominican government. Key areas include reducing the country's vulnerability to external factors and obtaining tangible results that benefit all Dominicans. "The new strategy will place special emphasis on protecting the poor while enhancing competitiveness and strengthening public institutions for performance accountability in the country," stated Yvonne Tsikata, World Bank Country Director for the Caribbean Region.
See http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/... (http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:22319238~pagePK:64257043~piPK:437376~theSitePK:4607,00.html?cid=3001)

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