Pakistan begins implementation of country partnership framework with World Bank

Pakistan government has begun the implementation of the new 10-year development partnership with the World Bank, marking a shift from its previous five-year agreements, officials said.

The $40 billion initiative, set to run from 2026 to 2035, aims to bolster economic sustainability and inclusive growth.

Under the Country Partnership Framework (CPF), Pakistan will receive an initial $20 billion in sovereign loans for key sectors, including education, health, climate resilience, clean energy and air quality improvements, according to government documents. An additional $20 billion in private investment is expected through the World Bank’s International Finance Corporation.

Officials said the plan aligns with Pakistan’s national priorities, including the "Uraan Pakistan" economic initiative, and focuses on long-term development rather than short-term projects. Pakistan is the first country to adopt the World Bank’s extended CPF model.

The framework emphasizes human capital development and private sector growth, with a performance review scheduled for fiscal year 2030. World Bank officials said the strategy moves away from scattered, small-scale investments toward more targeted, sustained funding in critical areas.

The longer-term approach is designed to insulate development efforts from political volatility and shifting priorities while improving coordination with other international partners.