Resource information
This program document presents the World
Bank Group (WBG) program and results framework for the
Serbia country partnership framework (CPF) for FY2016-20.
For the first time since 2001, when the transition to a
market economy began accelerating, Serbia has a government
with a solid majority in parliament, enabling it to initiate
and implement the deep reforms necessary to create a
competitive economy and raise the income of the bottom forty
percent (B40). Notwithstanding the new momentum on economic
and structural reforms, Serbia faces serious challenges,
most notably in declining living standards. Poverty has
increased rapidly since the start of the global economic
crisis in 2008, mainly as a result of a triple dip
recession. The CPF goal is to support Serbia in creating a
competitive and inclusive economy and, through this, to
achieve integration into the European Union (EU).
