This annual report for the World Bank Group (WBG) Korea office covers the period July 2020 to June 2021, the World Bank’s 2021 fiscal year (FY21). Phase 3 (FY22–24) of the Korea Office Trust Fund Agreement was successfully negotiated with Korea’s Ministry of Economy and Finance (MOEF) to consolidate its activities under the banner of a Global Center for Innovation and Technology for Sustainable Development. The Korea office focused on bridging the key objectives of Phase 2 with our new direction in Phase 3 in FY21.
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