ISLAMABAD – The World Bank has announced a $40 billion investment plan for Pakistan under its 10-year Country Partnership Framework (CPF), marking a shift from its previous five-year strategy model.
Pakistan’s Ministry of Economic Affairs is developing an implementation framework aligned with the government’s National Economic Transformation Plan, Uraan Pakistan.
In the first phase, Pakistan will receive $20 billion in sovereign loans through the International Development Association (IDA) and International Bank for Reconstruction and Development (IBRD). The funds will support education, healthcare, clean energy, climate change mitigation, and air quality enhancement.
Additionally, the International Finance Corporation (IFC) will facilitate $20 billion in private investment, aiming to boost economic growth and job creation.
Earlier in April, the World Bank approved $108 million for two key development projects in Khyber Pakhtunkhwa (KP), including $78 million for the Khyber Pakhtunkhwa Rural Accessibility Project (KPRAP) and $30 million for the Khyber Pakhtunkhwa Integrated Tourism Development Project (KITE). These initiatives focus on improving access to essential services, market connectivity, and disaster resilience.
World Bank Country Director for Pakistan Najy Benhassine emphasized that these projects will enhance infrastructure, create economic opportunities, and strengthen climate resilience.
This investment plan reflects the World Bank’s commitment to Pakistan’s long-term development, supporting sustainable growth and economic stability.
