World Bank Group President Ajay Banga announced on July 29, 2026 that the organization will align its new Country Partnership Framework with Plan México, focusing investments in five strategic sectors aimed at generating 1.5 million quality jobs.
The meeting, held at Palacio Nacional with President Claudia Sheinbaum, marked Banga's first visit to Mexico since he assumed the organization's presidency in June 2023. Plan México is the federal government's strategy to drive the relocation of productive chains, increase regional content, and substitute imports, with employment as its central axis. According to BNamericas, the new Country Partnership Framework for the 2026-2030 period will have fewer objectives than the seven in the previous framework, concentrating resources where they will have the greatest impact.
The five priority sectors are the pharmaceutical industry, agro-industry, energy, tourism, and value-added manufacturing, with cross-cutting attention to micro, small, and medium-sized enterprises to integrate them into supply chains. In its last fiscal year, the World Bank Group mobilized $112 billion for emerging markets. Banga also toured the Grupo Naturasol plant in the State of Mexico, a snack company that in 2025 received a $30 million loan from the International Finance Corporation (IFC), with the goal of generating more than 2,000 jobs and reducing water consumption by 20 percent. Finance Secretary Edgar Amador and Energy Secretary Luz Elena González attended the meeting, El Financiero reported.
The new cooperation framework will be ready in autumn 2026 and places particular emphasis on mobilizing private capital. Banga noted that private capital creates jobs and governments facilitate their creation. The partnership comes at a pivotal moment: the USMCA review is underway and North American productive integration is a shared priority.
This article was written with artificial intelligence assistance based on verified sources and reviewed by a human editor before publication.