• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Thursday, July 10, 2025

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel Tensions
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Ramblings
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • Lifestyle
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

World bank backs Pakistan with $40 billion strategy plan through 2035

Pakistan and the World Bank have reaffirmed their strong partnership through a new $40 billion Country Partnership Framework (CPF). This major ten-year development plan will guide cooperation between 2026 and 2035. The announcement followed high-level meetings in Washington, D.C., led by Minister for Economic Affairs Ahad Khan Cheema.

Cheema met with top World Bank officials, including Anna Bjerde and Martin Raiser, during his official U.S. visit. He praised the World Bank’s ongoing support, especially during difficult times like COVID-19 and the 2022 floods. The CPF marks a deeper commitment to helping Pakistan grow economically and socially.

Cheema called the World Bank Pakistan’s largest development partner. He stressed that the new strategy will drive meaningful change across sectors. He also highlighted plans to finalize a strong implementation framework in close coordination with the Bank. This step aims to ensure results from every dollar invested.

The minister welcomed Pakistan’s shift into the World Bank’s MENA Region, calling it a chance for better knowledge sharing. In a separate meeting, he thanked Executive Director Abdelhak Bedjaoui for defending Pakistan’s economic interests. Cheema also suggested that Bank directors visit countries more often to understand real needs.

The discussions also reviewed recent project approvals, including $700 million for the Reko Diq mine and $400 million in risk financing. Cheema promised full government cooperation to deliver the CPF’s goals. He said Pakistan remains fully committed to working with the World Bank to achieve long-term development success.

 

Filed Under: Business Tagged With: Country Partnership Framework (CPF), Latest, Minister for Economic Affairs Ahad Khan Cheema, Pakistan .$40 Billion Strategy Plan, ten-year development plan, Through 2035, World Bank

Submit a Comment




Primary Sidebar




Latest News

EU, Pakistan sign €20m deal for business reforms

Vehicle owners get relief: 10% discount on token tax till august 30

Zelenskyy calls for urgent boost in defence funding amid Russian attacks

Sindh govt vacates unsafe Lyari buildings after collapse kills 27, six SBCA officers arrested

PM directs overhaul of PNSC to create global-standard shipping giant

Pakistan

Sindh govt vacates unsafe Lyari buildings after collapse kills 27, six SBCA officers arrested

PM directs overhaul of PNSC to create global-standard shipping giant

Ahmad Nadeem Qasmi’s legacy lives on as nation marks 19th death anniversary

Meta joins Pakistan’s AI revolution with local support and training

Pakistan army vows decisive action against India-backed terror proxies

More Posts from this Category

Business

Pakistan seeks billion-dollar deal for iconic Roosevelt hotel

Pakistan launches first-ever national dredging company to strengthen port operations

Pakistan regulates crypto: New authority formed under 2025 ordinance

Pakistan’s trade with Iran grows 18% despite regional tensions

Carpet exporters hit by high taxes on inputs, demand urgent support

More Posts from this Category

World

Zelenskyy calls for urgent boost in defence funding amid Russian attacks

India faces global criticism over Kashmir as UN resolutions continue to be ignored

Saudi Arabia executes over 100 foreigners in 2025 amid surge in death penalties

More Posts from this Category




punjab

Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2025 Daily Times. All rights reserved.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy