Pakistan welcomes World Bank's $20 billion lending pledge

Pakistan welcomes World Bank's $20 billion lending pledge

The deal, which begins in 2026 under its Country Partnership Framework, is to help address the impoverished country's acute development challenges

PM hails World Bank’s $20bn pledge as key to Pakistan’s economic future

Prime Minister Shehbaz Sharif has welcomed the World Bank's $20 billion commitment under its first-ever 10-year Country Partnership Framework (CPF) for Pakistan. The pledge, announced on Wednesday, aims to support Pakistan’s development priorities and is aligned with the country’s Home-Grown Economic Transformation Plan. In a post on his official social media account, the Prime Minister highlighted that the CPF focuses on six critical areas: chi…

World Bank Plans $20 Bn Payout For Pakistan Over Coming Decade

Pakistan came to the brink of default in 2023, as a political crisis compounded shock from the global economic downturn and drove the nation's debt burden to terminal levels.

World Bank Pledges $20 Billion to Pakistan

The World Bank has announced that it will provide $20 billion to Pakistan over the next decade to help the country address climate change and development challenges that hinder growth, with the aim of achieving inclusive and sustainable development.

Pak PM Shehbaz Sharif set to meet global leaders at World Govt Summit in UAE - Pakistan Observer

ISLAMABAD – Prime Minister Shehbaz Sharif is set to visit United Arab Emirates UAE to attend an event focused on governance and innovation. The premier will travel to the Gulf nation from February 11 to 13 for an official visit. During his trip, PM Sharif is expected to meet with UAE President Sheikh Mohamed bin Zayed and UAE Prime Minister Sheikh Mohammed bin Rashid Al Maktoum. The upcoming visit will also include the Prime Minister’s participa…

PM terms WB’s $20b CPF ‘Confidence’ in Pakistan’s Economy

In a significant development, Prime Minister Shehbaz Sharif has welcomed the World Bank’s $20 billion commitment to Pakistan under its first-ever 10-year Country Partnership Framework (CPF). This landmark commitment reflects the World Bank’s confidence in Pakistan’s economic resilience and potential. Key Areas of Focus The CPF will focus on six key areas, including: Child Nutrition: Improving healthcare and nutrition to reduce child stunting. Q…