The World Bank has started to develop a new strategy to support Belarus for 2018-2021. This was announced today at a meeting with First Deputy Prime Minister of Belarus Vasily Matyushevsky, Senior Vice President of the World Bank for Operations Kyle Peters.
Kyle Peters noted that the portfolio of projects in Belarus is being implemented more efficiently than in many other countries. Above all, the largest financial institution takes into account the reliability of Belarus as a partner.
“One of the reasons I came here is that we are now at the beginning of the process of developing and agreeing with you a new strategy to support Belarus from the World Bank Group for 2018-2021,” Kyle Peters stressed.
Vasily Matyushevsky expressed gratitude for the work that the World Bank has been conducting in Belarus, especially with regard to ensuring sustainable economic growth. Belarus and the World Bank are developing partnerships in healthcare, education, and social protection.
“As part of the implementation of medium-term and long-term development programs, we put emphasis on ensuring sustainable economic growth in the interests of the entire Belarusian people,” the First Deputy Prime Minister stressed. “In this context, cooperation with the World Bank for Belarus has always been of great importance. Over 25 years of the joint work, the World Bank has invested more than $ 1.6 billion in the implementation of joint projects. ”
These funds are invested in such areas as energy, strengthening of transit potential, ensuring environmental sustainability, ensuring the well-being of the population. At the same time, in recent years there has been a positive trend towards expanding areas of interaction with the World Bank, added Vasily Matyushevsky.
Within the framework of the World Bank Group's partnership strategy for 2014-2017, 7 new projects have been launched in Belarus totaling about $ 650 million, including the areas of health and education.
“We have trust relations with the bank, and we look forward to continuing to consider the bank as a reliable strategic partner. I would like to express confidence that with the new strategy we will be able to significantly increase the volume of the bank's operations in Belarus and successfully implement many significant projects, "summed up Vasily Matyushevsky.
According to information resources