Croatia - Country Partnership Framework

                                           Chair Summary*

                                            May 13, 2025

Executive Directors discussed the joint IBRD/IFC/MIGA Country Partnership Framework (CPF)
for Croatia for FY25-FY30. They supported the World Bank Group (WBG) engagement in the
country.

Directors welcomed the CPF’s selective focus on the two Outcomes and the cross-cutting emphasis
on strengthening institutions to support Croatia’s continued path to graduation. They also
acknowledged the CPF’s results orientation and alignment with the WBG Scorecard.

While appreciating the CPF’s synergistic approach, Directors inquired about the remaining
institutional gaps and foundational reforms. Directors also urged IFC and MIGA to continue
providing additionality. They highlighted the need to further address women’s economic
empowerment and help improve business environment, job creation, and gender equality.

Directors expressed support for the One World Bank Group approach. They acknowledged
complementarity and coordination with other development partners, including the European
Union. They also appreciated the CPF’s strong focus on knowledge and noted the value of using
Croatia’s development experience to benefit other countries.

Finally, Directors inquired about the timeline and path for Croatia’s IBRD graduation and the
WBG’s value addition given the country’s high-income status, Directors noted the need for a
transparent and standardized approach to IBRD graduation to be presented in CPFs for countries
above the Graduation Discussion Income (GDI). Management noted the Board’s interest in the
topic of graduation and committed to further discussion on this including on further articulation in
future CPFs.




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*This Summary is not an approved record.




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