Aurangzeb Welcomes New WB Country Director, Reaffirms Strong Pakistan-World Bank Partnership

Aurangzeb welcomes new WB Country Director, reaffirms strong Pakistan-World Bank partnership

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Friday held a meeting with the World Bank (WB) Pakistan team, including Najy Benhassine outgoing Country Director, and Ms Bolormaa Amgaabazar incoming Country Director for Pakistan. During the meeting, the minister warmly welcomed Ms Bolormaa Amgaabazar to Pakistan and extended his best wishes for her upcoming assignment. He expressed confidence that the collaborative efforts…

World Bank Commits $40 Billion to Pakistan’s Long-Term Growth

The World Bank has committed to a massive $40 billion investment in Pakistan from 2026 to 2035, marking its largest and longest engagement with the country. This investment falls under a newly extended 10-year Country Partnership Framework (CPF), aligning closely with Pakistan’s “Uraan Pakistan” National Economic Transformation Plan. Shift to a Decade-Long Strategy Unlike previous five-year strategies, this new 10-year CPF signals a strong, long…

World Bank to Invest $40 Billion in Pakistan

The World Bank has revealed a major investment plan of $40 billion for Pakistan. This funding will be provided under a new 10-year Country Partnership Framework (2026–2035), which marks a major shift from the Bank’s usual five-year plans. This long-term partnership aims to support Pakistan in several important areas, including education, healthcare, clean energy, and climate change. The goal is to help Pakistan achieve strong, long-lasting econo…