FY25–29 Country Partnership Framework for Montenegro - August 14, 2024 - World Bank Group Report No. 187191-ME

Jul 19, 2026

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Country Partnership Framework for Montenegro outlines the World Bank Group’s strategy for cooperation over FY25–FY29, including the government’s medium-term program alignment, proposed partnership objectives, and how the framework will be implemented. The report reviews Montenegro’s sociopolitical and institutional setting, recent economic developments, and key development challenges such as poverty reduction and shared prosperity. It also details risk management for the program and presents relevant lending, analytics, and knowledge support through tables and boxes.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages86

Reading Time3 h 37 min

Introduction

Country Context and Development Agenda

Sociopolitical and Institutional Context

Recent Economic Developments and Outlook

Poverty and Shared Prosperity on a Livable Planet

Main Development Challenges

World Bank Group Partnership Framework

Government Program and Medium-term Strategy

Proposed World Bank Group Partnership Framework

Implementing the CPF

Managing Risks to the CPF Program

Public Disclosure Authorized Public Disclosure Authorized Document of The World Bank Group FOR OFFICIAL USE ONLY Report No. 187191-ME INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL FINANCE CORPORATION MULTILATERAL INVESTMENT GUARANTEE AGENCY COUNTRY PARTNERSHIP FRAMEWORK FOR MONTENEGRO FOR THE PERIOD FY25–29 August 14, 2024 Western Balkans Country Management Unit Europe and Central Asia Region The International Finance Corporation Europe Region The Multilateral Investment Guarantee Agency Economics and Sustainability Group This document is being made publicly available after Board consideration. It may be updated following the Board consideration and the updated document will be made publicly available in accordance with the Bank’s policy on Access to Information. The last Country Partnership Framework for Montenegro was discussed by the World Bank Group Executive Board on June 16, 2016. CURRENCY EQUIVALENTS (Exchange Rate Effective July 31, 2024) Currency Unit = Euro Euro 1.00 = US$1.09 FISCAL YEAR January 1–December 30 ABBREVIATIONS AND ACRONYMS AfD ASA BEST CAD CCDR CE CEM CLR CPFCOVID-19 CRDC DARP DPF DPS EBRD EC ECA ERP ESG ESMAP EU GCP GDP HLO IBRD ICR IEG Agence française de développement (French Development Agency) Advisory Services and Analytics Building a Sustainable and Transformational Public Sector Current Account Deficit Country Climate and Development Report Citizen Engagement Country Economic Memorandum Completion and Learning Review Country Partnership Framework Coronavirus Disease 2019 Climate Resilient Debt Clause Distressed Assets Recovery Program Development Policy Financing Democratic Party of Socialists European Bank for Reconstruction and Development European Commission Europe and Central Asia Economic Reform Program Environmental, Social, and Governance Energy Sector Management Assistance Program European Union Global Challenge Program Gross Domestic Product High-Level Outcome International Bank for Reconstruction and Development Implementation Completion and Results Report Independent Evaluation Group IFC KfW LGBTI MEEP MIDAS MIGA MSMEs NLB NSSD OPEC PFM PISA PLR PPP SCD SDGs SDR SEPA SMEs SOE TA TTFP UN VAT WBG International Finance Corporation Credit Institute for Reconstruction (Germany) Lesbian, Gay, Bisexual, Transgender, and Intersex Montenegro Energy Efficiency Project Montenegro Institutional Development and Agriculture Strengthening Project Multilateral Investment Guarantee Agency Micro, Small, and Medium Enterprises Nova Ljubljanska Banka National Strategy for Sustainable Development Organization of Petroleum Exporting Countries Public Financial Management Program for International Student Assessment Performance and Learning Review Public–Private Partnership Systematic Country Diagnostic Sustainable Development Goals Special Drawing Rights Single European Payments Area Small and Medium Enterprises State-Owned Enterprise Technical Assistance Western Balkans Trade and Transport Facilitation Project United Nations Value-Added Tax World Bank Group | | IBRD | IFC | MIGA | | --- | --- | --- | --- | | Vice President:<br>Director:<br>Task Team Leader: | Antonella Bassani Xiaoqing Yu Jerry Lebo | Alfonso Garcia Mora Ines Rocha<br>Levent Karadayi | Ethiopis Tafara Sebnem Erol Madan Gabisile Ndlovu | FY25–29 COUNTRY PARTNERSHIP FRAMEWORK FOR MONTENEGRO TABLE OF CONTENTS I. INTRODUCTION ........................................................................................................................................... 1 II. COUNTRY CONTEXT AND DEVELOPMENT AGENDA................................................................................... 2 A. Sociopolitical and Institutional Context ........................................................................

FAQs

What is the purpose of the Montenegro Country Partnership Framework for FY25–29?

It sets out the World Bank Group’s cooperation strategy for Montenegro across FY25–FY29, including objectives, alignment with government plans, and implementation approach.

Which topics are covered in the country context section?

The framework reviews sociopolitical and institutional context, recent economic developments and outlook, poverty and shared prosperity priorities, and main development challenges.

How does the report address risks to the partnership program?

It includes a dedicated section on managing risks to the CPF program and presents risk information through a dedicated table.

Jul 19, 2026

Upload by Noah