Saturday, June 28, 2025

Pakistan & World Bank Finalise $40 Billion 10-Year Partnership Framework

Pakistan and the World Bank have agreed on a major new plan called the Country Partnership Framework (CPF), which will run from 2026 to 2035. This long-term agreement includes $40 billion in support from the World Bank and focuses on improving Pakistan’s infrastructure, education, health, economic resilience, and governance.

Federal Minister Ahad Khan Cheema described the agreement as a “transformative milestone” while speaking during meetings in Washington, D.C. He said the plan shows the strength of Pakistan’s growing relationship with the World Bank and their shared goal of long-term progress.

The CPF is now the largest and longest-lasting partnership between the World Bank and Pakistan. It will guide development efforts over the next decade, aiming to improve the lives of millions of people by supporting key reforms and building a stronger foundation for the country’s future.

Minister Cheema also mentioned that Pakistan will soon become part of the World Bank’s MENA (Middle East and North Africa) region portfolio. This change is expected to bring new chances for collaboration and investment from countries in that region.

The agreement follows several recent project approvals, which show increasing global confidence in Pakistan’s economic direction. These projects are part of a broader plan to stabilize the economy, create jobs, and strengthen public services.

Officials believe the CPF will help Pakistan move toward a more stable and inclusive future by supporting long-term goals through focused investments and strong international cooperation.

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