In a landmark development for Pakistan’s economy, the World Bank has approved a comprehensive $40 billion Country Partnership Framework for Pakistan spanning 2026-2035. The Economic Affairs Division has already begun implementing this 10-year strategic plan, marking a significant shift from the traditional 5-year programming cycle.
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Key Components of the Package:
- $20 Billion in Loans: The first tranche will focus on critical sectors including:
- Education reform and skill development
- Healthcare infrastructure improvement
- Climate change adaptation
- Clean energy transition
- Air quality enhancement programs
- $20 Billion in Private Investment: The International Finance Corporation (IFC) will mobilize additional private sector funding to complement government efforts.
Strategic Alignment:
The framework directly supports Pakistan’s national development priorities and the “Ehsaas” and “Uraan” social protection initiatives. Officials highlight this as a game-changer for:
- Creating inclusive growth opportunities
- Addressing Pakistan’s climate vulnerability
- Modernizing critical infrastructure
Economic Impact:
This extended partnership represents the World Bank’s largest-ever commitment to Pakistan, signaling strong confidence in the country’s economic reform trajectory. The 10-year horizon allows for more sustainable planning and implementation of transformative projects.
Next Steps:
The Economic Affairs Division is working closely with provincial governments to ensure effective utilization of funds, with special emphasis on transparency and measurable outcomes.
