Pakistan poised to get $20b WB loan | Pakistan News

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Издатель Jan 6, 2025

Pakistan poised to get $20b WB loan | Pakistan News | Breaking News

The World Bank is set to approve a $20 billion indicative lending package for Pakistan – a globally first mega 10-year envelope that will protect its funded projects from political transitions and focus only on six targeted areas.

The areas have the broader political spectrum support and are expected to be unimpacted by any changes in the government during 2025 to 2035 period the timeframe in which at least three general elections are expected to be held.

Titled "Pakistan Country Partnership Framework 2025-35", the programme largely aims at improving social indicators in the most neglected but important areas such as health, education and climate change, according to official documents and background discussions with the Pakistani authorities, who negotiated the package.

A key Pakistani official, who was part of the framework development, said that the World Bank had picked Pakistan as the first country, where it would introduce a 10-year partnership strategy.

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