World Bank Loan Aproved Pakistan

The World Bank is expected to provide Pakistan with a loan of $20 billion over the next 10 years. The approval of the loan by the World Bank's Board of Directors is expected on January 14. According to sources from the Ministry of Economic Affairs, the loan will be given under the Country Partnership Framework 2025-35, with specific goals set for the 10-year program. The focus of this loan is to improve the most neglected sectors, such as health, education, and climate change. The loan will ensure that the projects remain unaffected by political changes. Additionally, two subsidiary organizations of the World Bank will assist in securing another $20 billion in private loans, bringing the total package to $40 billion. Following the approval of the loan, the Vice President of the World Bank, Martin Raiser, is also expected to visit Islamabad.