The Daily Populous Sunday June 1st, 2025 evening edition
Authored by nation.com.pk and submitted by Themetalin

The has announced a landmark investment of $40 billion in Pakistan between 2026 and 2035 under its newly introduced 10-year Country Partnership Framework (CPF), marking a significant shift from its previous five-year strategy model.

According to official documents, Pakistan’s Ministry of Economic Affairs has initiated the development of a comprehensive implementation framework in line with the government’s priorities and the National Economic Transformation Plan, Uraan Pakistan.

In the first phase of this long-term partnership, Pakistan is set to receive $20 billion in sovereign loans through the World Bank’s International Development Association (IDA) and International Bank for Reconstruction and Development (IBRD). The funding will be directed toward vital sectors such as education, healthcare, clean energy, climate change mitigation, and air quality enhancement.

The framework also aims to accelerate private sector participation and sustainable development across the country. The International Finance Corporation (IFC), a member of the Group, will facilitate an additional $20 billion in private investment to stimulate economic growth and job creation.

Earlier in April, the approved an additional $108 million for two key development projects in Khyber Pakhtunkhwa (KP). This includes $78 million for the Khyber Pakhtunkhwa Rural Accessibility Project (KPRAP) and $30 million for the Khyber Pakhtunkhwa Integrated Tourism Development Project (KITE). These projects are designed to improve access to essential services like health and education, while also enhancing market connectivity and disaster resilience.

Commenting on the initiative, WB Country Director for Pakistan Najy Benhassine stated, “By rehabilitating critical rural road infrastructure and enhancing disaster preparedness, the KPRAP and KITE projects are improving access to vital services and creating economic and climate resilience along with job opportunities for local communities.”

arthurdont on June 1st, 2025 at 09:51 UTC »

More money for pakistani generals and politicians to buy properties in UK with

chimugukuru on June 1st, 2025 at 09:10 UTC »

Something tells me it's not an 'investment.'

AuthorityOfNothing on June 1st, 2025 at 08:55 UTC »

"Loans" It won't get payed back to the lenders.