Pakistan’s premier welcomes World Bank’s 10-year funding plan of $20 billion
- Pakistan's Prime Minister Shehbaz Sharif welcomed a US$20 billion agreement with the World Bank for a 10-year development plan focusing on climate change and private-sector growth.
- The World Bank will support six key areas, including clean water and education, under the Country Partnership Framework announced on January 15.
- The framework aims to increase tax revenue, renewable energy capacity, and access to education and healthcare for millions in Pakistan.
- Nineteen out of twenty-four directors supported the plan, highlighting international backing for Pakistan's economic growth efforts.
24 Articles
24 Articles
Pakistan's premier welcomes World Bank's 10-year funding plan of $20 billion
Pakistan’s prime minister has welcomed the first-of-its-kind agreement with the World Bank under which his country will receive $20 billion in the next decade to invest in renewable energy, education, and social sectors
Pakistan’s premier welcomes World Bank’s 10-year funding plan of $20 billion
ISLAMABAD (AP) — Pakistan’s prime minister on Wednesday welcomed the first-of-its-kind agreement with the World Bank under which Islamabad will get $20 billion in funding in 10 years to invest in renewable energy, education, and social sectors. In a post on the X platform, Shehbaz Sharif said the agreement, called the Country Partnership Framework for Pakistan or CPF “reflects the World Bank’s confidence in Pakistan’s economic resilience and pot…
World Bank makes 10-year plan with Pakistan for US$20 billion in funding
ISLAMABAD: Pakistan's prime minister on Wednesday (Jan 15) welcomed a first-of-its-kind agreement with the World Bank for a plan to focus US$20 billion in lending to the cash-strapped nation over the coming decade on development issues like the impact of climate change as well as boosting private-sector growth.
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