Country Partnership Strategy framework urged to be devised hinh anh 1President Tran Dai Quang (R) and WB Country Director in Vietnam Ousmane Dione (Source: VNA)
Hanoi (VNA) – President Tran Dai Quang asked World Bank (WB) Country Director in Vietnam Ousmane Dione to work closely with the Vietnamese government in establishing the Vietnam – WB Country Partnership Strategy (CPS) framework in the new period during a reception in Hanoi on December 15.

The host hailed Dione in his new position and wished that the WB Country Director would build on his successor’s achievements to elevate bilateral ties.

He spoke highly of the WB’s support to Vietnam over the past years, including the building of the Vietnam Report 2035 that suits orientations and goals set by the 12th National Party Congress.

The President spoke of Vietnam’s key priorities, including strengthening macro-economic stability; economic restructuring in the fields of public investment, banking, State-owned enterprises and fiscal reform; public debt management; infrastructure upgrade; and climate change response.

He also assured his guest that he has directed agencies concerned to accelerate negotiations, signing and approval of loan agreements with the WB, but project quality must be put first.

Vietnam has continually paid heed to the effective use of loans provided by the international community and the WB in particular, he affirmed, adding that the country always works hard to monitor the process.

Dione, for his part, said Vietnam’s success is significant to the WB as the country is recognised as a success story during the national development.

The guest pledged that the WB would liaison closely with Vietnamese agencies to align the CPS framework with Vietnam’s development orientations for 2017-2020.

According to him, the lender needs further consultancies in the four pillars, including the development of the private economic sector, human development, environment sustainability and State governance within the CPS framework./.