Financial support remains an important part of the partnership, especially for IFC and MIGA transactions, but the World Bank’s role has evolved toward facilitating knowledge sharing and providing policy advice on medium-term structural issues.

 

Building on this evolving approach, the new Thailand-Bank Group Partnership focuses on diagnostic and monitoring work and a limited amount of implementation support for selected critical issues in Thailand’s overall national development through a series of focused Country Development Partnerships, which concentrate on areas such as public sector reform and governance and poverty analysis and monitoring.

The Thailand-World Bank Group Partnership for Development provides the foundation for this partnership and new way of working since 2003.
 
Since February 2009, the Bank has been working closely with the Ministry of Finance and the National Economic and Social Development Board (NESDB) to develop an interim cooperation program for the FY10-FY11 period (July 2009-June 2011).
 
This program aims to help Thailand respond to the short-term challenges arising from the global economic crisis, as well as to address medium-term issues that could reduce the country’s competitiveness.