World Bank Delegation Arrives in Pakistan to Discuss $20 Billion Partnership Framework
Islamabad: A high-level delegation, including the Executive Director of the World Bank, has arrived in Pakistan to discuss the implementation strategy of the recently approved $20 billion Country Partnership Framework (CPF) for the next ten years. Sources indicate that the fund is expected to expand to $40 billion in the future, marking a significant boost for Pakistan’s economic and development projects.
During the visit, the World Bank delegation will hold key meetings with Prime Minister Shehbaz Sharif, Finance Minister Ishaq Dar, and Minister for Economic Affairs. Additionally, discussions are scheduled with the Federal Ministers for Planning and Energy, focusing on Pakistan’s economic strategy and energy sector reforms.
The Country Partnership Framework aims to support Pakistan in critical areas such as infrastructure development, energy sustainability, poverty alleviation, climate resilience, and economic reforms. The expansion of funding to $40 billion in the coming years highlights the World Bank’s long-term commitment to Pakistan’s economic stability and progress.
This visit comes at a crucial time when Pakistan is seeking international financial assistance and investment to overcome economic challenges and drive sustainable growth. The outcome of these meetings is expected to shape the roadmap for future cooperation between Pakistan and the World Bank, ensuring effective utilization of funds for national development initiatives.
