Background

Ten International Financial Institutions (IFIs) endorsed the economic framework of the “Deauville Partnership” (G8 Summit, Deauville, May 26-27, 2011). The framework aims to support partnership countries  in the Middle East and North Africa (MENA) in following areas:

• Governance, Transparency and Accountability
• Social and Economic Inclusion
• Economic Modernization and Job Creation
• Private Sector-led Growth
• Regional and Global Integration

This framework is

• Inclusive, with all participants on an equal footing;
• Country-led, driven by plans developed by the Partnership Countries themselves and
• Coordinated to ensure the effectiveness of international community's response.

Building on the country plans, IFIs are working together to help restore macroeconomic stability, social cohesion and more equitable growth in MENA countries.

Participating International Financial Institutions (IFIs)

• African Development Bank (AfDB)
• Arab Fund for Economic and Social Development (AFESD)
• Arab Monetary Fund (AMF)
• European Investment Bank (EIB)
• European Bank for Reconstruction and Development  (EBRD)
• International Finance Corporation (IFC)
• International Monetary Fund (IMF)
• Islamic Development Bank (IsDB)
• Organisation for Economic Cooperation and Development (OECD)
• OPEC Fund for International Development  (OFID)
• World Bank (WB)