ISLAMABAD: The World Bank has reaffirmed its long-term commitment to Pakistan by confirming the implementation of the $40 billion Country Partnership Framework (CPF) for the 2026–2035 period.
The announcement was made during high-level meetings held in Washington between World Bank officials and a Pakistani delegation led by senior finance and planning representatives.
The CPF outlines a strategic roadmap for sustainable development, economic reform, and inclusive growth across critical sectors such as infrastructure, education, health, climate resilience, and digital transformation.
The renewed partnership signifies international confidence in Pakistan’s reform agenda and developmental priorities.
Focus on Inclusive Growth and Economic Stability
Under the framework, the World Bank will support Pakistan through policy-based lending, technical assistance, and project financing.
Key focus areas include poverty reduction, expanding access to clean energy, modernizing public services, strengthening institutional governance, and addressing climate change impacts.
The bank emphasized that the CPF aims to boost productivity, human capital, and resilience, particularly for underserved and vulnerable populations.
Pakistan’s economic team highlighted structural reforms underway to stabilize the economy and enhance fiscal transparency, which are aligned with the CPF’s objectives.
“We are committed to achieving long-term stability and sustainable growth, and this partnership with the World Bank is vital to those efforts,” said a Pakistani official involved in the discussions.
Climate and Digital Reforms High on Agenda
Special emphasis will be placed on climate adaptation projects and improving disaster preparedness as part of Pakistan’s response to extreme weather events and natural calamities.
Digital governance and fintech development were also discussed as transformational areas that could help reduce corruption and increase service delivery efficiency.
The World Bank reiterated its support for strengthening Pakistan’s capacity to implement reforms and ensure better outcomes for citizens.
The CPF’s phased approach will allow for flexibility, continuous evaluation, and scaling of successful interventions during the nine-year term.
