Friday, May 30, 2025

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 economic growth and improve the lives of its people.

In the first phase of this plan, Pakistan will receive $20 billion in sovereign loans from two major branches of the World Bank — the International Development Association (IDA) and the International Bank for Reconstruction and Development (IBRD). These loans will be used to fund large government-led projects.

Another $20 billion will come through private sector investments. This amount will be arranged by the International Finance Corporation (IFC), a part of the World Bank Group that focuses on private businesses. The aim is to attract international and local investors to support business growth and job creation in Pakistan.

This $40 billion initiative supports Pakistan’s own economic reform plan, known as “Uraan Pakistan” (which means “Pakistan’s Takeoff”). This plan focuses on transforming the country’s economy through innovation, sustainable development, and better use of natural and human resources.

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