Pakistan has agreed to an unprecedented ten-year plan with the World Bank which will see $20 billion (19.4 billion) worth of loans for the country's cash-strapped economy.
We are focused on prioritizing investment and advisory interventions that will help crowd-in much needed private investment in sectors critical for Pakistan's sustainable growth and job creation.
[The] CPF reflects the World Bank's confidence in Pakistan's economic resilience and potential. We look forward to strengthening our partnership as we align our efforts for creating lasting opportunities for our people.
Political instability and catastrophic flooding in 2022, which temporarily submerged up to a third of the country, put the struggling economy under additional strain.
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