Liberia - Country Partnership Framework Chair Summary* May 29, 2025 Executive Directors discussed the World Bank Group (WBG) Country Partnership Framework (CPF) for Liberia for FY25-30. Directors supported the CPF’s selectivity and the focus on growth and the foundations for the creation of more and better jobs in Liberia. Directors noted the drivers of fragility in Liberia. They welcomed the CPF's emphasis on foundational education and skills development, particularly for women and youth. They underscored the importance of increasing energy access, strengthening governance, promoting private investment, lifting barriers for private sector-led growth and unlocking opportunities for IFC and MIGA investments. Directors underlined the importance of macroeconomic stability, good governance, domestic resource mobilization and enhancing sustainability. They highlighted the negative trend in ODA flows and in this context encouraged deepening partnerships. Acknowledging the overall substantial risk of the CPF, including high political, governance, institutional capacity and fiduciary risks, Executive Directors urged proactive risk mitigation and a comprehensive approach to capacity strengthening. _____________________________ *This Summary is not an approved record.