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Pakistan’s premier welcomes World Bank’s 10-year funding plan of $20 billion

  • Pakistan's Prime Minister Shehbaz Sharif welcomed a US$20 billion agreement with the World Bank for a 10-year development plan focusing on climate change and private-sector growth.
  • The World Bank will support six key areas, including clean water and education, under the Country Partnership Framework announced on January 15.
  • The framework aims to increase tax revenue, renewable energy capacity, and access to education and healthcare for millions in Pakistan.
  • Nineteen out of twenty-four directors supported the plan, highlighting international backing for Pakistan's economic growth efforts.
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