The Board of Directors of the
According to the report, 'an update of the CSP and its extension is necessary as
The document's main objective is to reduce poverty and vulnerability through a dynamic and sustainable private sector that creates jobs. The paper has two priorities: support for infrastructure development and private sector development.
For infrastructure, the Bank will support ongoing projects to build operational efficiency in the sector, create a better environment for private sector participation, and invest in renewable energy to boost production and productivity across the economy.
In the water and sanitation sector, using ongoing operations, the focus will be on strengthening innovations in decentralised sanitation and hygiene promotion, boosting progress in rural water supply. The Bank will consolidate current interventions in transport, focusing on key corridors, including developing a north-south corridor, complemented by the Mpulungu port project and rural connectivity through improved feeder roads.
Expected results include improved access to water and sanitation (75%, up from 68% in 2015), halving the incidence of water-borne diseases, and increasing sanitation coverage to 52%, up from 44% in 2015. In addition, electricity generation is expected to increase by 1,600 Megawatts, strengthening connectivity to regional and national markets.
To support the private sector, the
The Bank plans to strengthen the capacity of the
The expected outcomes of this second objective are threefold: an improved business environment to attract private investors, enhanced production through stronger linkages between rural production areas and urban markets, including increased exports, and the creation of consolidated agricultural value chains to enhance productivity and improve nutrition.
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