Nicaragua remains one of the poorestcountries in Latin America. Making a significant dent inprevailing levels of poverty and vulnerability throughfaster, more inclusive, and sustained growth as well asbetter access to quality basic services are at the core ofthe financial year 2018‐2022 Country Partnership Framework(CPF). To achieve the required job‐creating growth faster,the country will need to increase productivity in additionto further improving the quality of its human and physicalcapital. In addition, a growth acceleration will alsorequire improved access to quality basic servicesunderpinned by institutional capacity‐building and increaseddata availability.To sustain and deepen the progressrealized under the FY13‐17 Country Partnership Strategy(CPS) and support the government in achieving the TwinGoals, the FY18‐22 CPF envisages support across threepillars: (i) investing in human capital, particularly fordisadvantaged groups; (ii) enabling private sectorinvestment for job creation; and (iii) improvinginstitutions for resilience and sustainability. The CPF paysspecial attention to disadvantaged groups and laggingterritories within Nicaragua that have not participatedfully in the benefits of growth. It prioritizesinterventions that target specific groups such as youth,women, subsistence farmers, and Indigenous andAfro‐descendant communities with a spatial focus on ruralareas in the Caribbean and Central regions where most of thepoor and extreme poor are located.The CPF builds on thefoundations laid down by the previous CPS while respondingto new challenges. The CPF will succeed the FY13‐17 CPS, andwill focus on improving access to basic services andfostering competitiveness and productivity throughimprovements to infrastructure and the investment climate.The current CPF builds on these approaches while presentingthree main shifts with greater emphasis on: (i) privatesector‐led growth; (ii) sustainability; and (iii)governance.The FY 18‐22 CPF is informed by the FY18 SCD andsupports implementation of the government’s emergingNational Plan for Human Development (PNDH) (Plan Nacional deDesarollo Humano). It also reflects the GoN’s commitment tothe Sustainable Development Goals (SDGs) and itsresponsibilities and priorities in the area of climatechange mitigation and adaptation.The WBG engagement supportsthe GoN’s efforts to reduce poverty by accelerating economicgrowth, generating employment for a large share ofNicaraguans and improving access to quality basic servicesfor the most disadvantaged.
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