The World Bank on Capacity Building Challenges in the JVI Region

There are several ways how international institutions, like the World Bank Group, can help countries in capacity development. First of all, we support the implementation of development projects in our client countries. For that, the World Bank provides financial resources through a variety of targeted financing instruments – investment project financing, development policy financing, results-based financing. To ensure successful implementation, we provide our expertise to the clients throughout the project cycle. This is also a good opportunity for them to get on-the-job training. Second, we provide advisory services to our clients. Last, but not least, we provide specialized training, including the courses at the JVI.

Training offered by the World Bank

We consider training to be an important instrument in achieving the goals of the World Bank. In particular, we have had strong cooperation with the JVI since its foundation in 1992. Since then, we have held over 170 courses and have trained more than 4000 participants from the countries in the region. In doing so, we pursue similar goals to those of the JVI: advancing economic capacity strengthening of the public sector, developing knowledge products and services for developing countries, peer exchange and knowledge sharing with client countries, supporting countries and their institutions through successful transition, promoting regional integration and EU accession, championing cooperation and partnership between institutions and countries.

We provide training in the areas that we consider important for sustainable development and where we have strong expertise. This also means that the contents of our training evolves with the clients’ needs. Nowadays, we hold several courses on the Joint World Bank-IMF Medium-term Debt Management Strategies (MTDS), annual borrowing plans, as well as on Trainings for Auditors related to the Debt Management Performance Assessment (DeMPA) tool. Also, we contribute to the course on Structural Reforms, which is delivered jointly by all the JVI members. We believe, the combination of courses we deliver helps our clients to develop capacity in the areas they need, enables them to attract and effectively use finance for their development needs, as well as to elaborate and implement structural reforms.

Abha Prasad and Lada Strelkova, The World Bank