Pakistan welcomes World Bank’s $20 billion lending pledge

ISLAMABAD — Pakistan confirmed on Wednesday that the World Bank has pledged to lend $20 billion over the next decade, commencing in 2026 under its Country Partnership Framework, to help address the impoverished country’s acute development challenges. Prime Minister Shehbaz Sharif applauded what he described as the lender’s “first-ever” pledge of its kind, saying the program is intended to develop child nutrition, education, clean energy and climate resilience to boost private sector growth. The Country Partnership Framework “reflects the World Bank’s confidence in Pakistan’s economic resilience and potential,” Sharif said on the social media platform X. “We look forward to strengthening

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