As an IDB Group undertaking, the MCPS is intended to enhance Group synergy and development results by aligning member country priorities with the IDB Group Vision 2020 and capacity. In addition, the MCPS provides the IDB Group a platform for structured dialogue with member countries and other stakeholders with a view to having an “inclusive” country strategy. Through these consultations, the MCPS enables the IDB to forge strategic partnerships and other joint initiatives with many development partners.
“The MCPS also endeavours to promote mutually beneficial partnerships among member countries such as transfer of technology, cross-border investments, trade exchanges and sharing of country experiences.”
The MCPS preparation follows a two steps process. It starts with the formulation of a concept note asserting the importance of the MCPS framework in articulating member country needs; diagnosing member country’s development situation and future aspirations; gauging these against Government’s development strategies and plans; assessing the lessons learnt from IDB’s own experience; suggesting possible support areas for future intervention by the IDB Group, etc. The second step in the process is field visit for consultations with an array of stakeholders including the government, civil society, private sector and development partners, etc., and subsequent preparation of the strategy.
So far, the IDB has prepared nine MCPS on Turkey, Indonesia, Mali, Uganda, Mauritania, Pakistan, Kazakhstan, Senegal, and Morocco. Ten others are under preparation.
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