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
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…

Pakistan's premier welcomes World Bank's 10-year funding plan of $20 billion
Breaking News, Sports, Manitoba, Canada
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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