Pakistan and World Bank strengthen partnership to boost growth and reforms

Pakistan and World Bank strengthen partnership to boost growth, reforms

Pakistan and World Bank strengthen partnership to boost growth and reforms. File photo

January, 20 2026

(Web Desk): Pakistan and the World Bank are set to deepen their strategic cooperation in key areas of mutual interest under the World Bank’s Country Partnership Framework (CPF) for 2026–2035.

This cooperation aims to boost growth, improve governance, and address financing gaps.

Economic Affairs Minister Ahad Khan Cheema met with World Bank Regional Vice President for MENAAP Ousmane Dione and his delegation to discuss potential collaboration. The meeting focused on energy, food security, agriculture, infrastructure development, and transport—sectors vital to Pakistan’s economic stability.

Cheema shared updates on the successful implementation of broad economic reforms, which have stabilized macroeconomic conditions, renewed investor confidence, and supported economic recovery. He reaffirmed the government’s commitment to achieving transformative results through the CPF.

Both sides agreed on improving the effectiveness of the World Bank’s ongoing projects in Pakistan by enhancing coordination across sectors and strengthening monitoring mechanisms to deliver measurable outcomes. They highlighted that the first year of CPF would be critical for setting the tone for deeper engagement and more effective project delivery.

Mr Dione appreciated Minister Cheema’s leadership in CPF implementation and assured continued World Bank support to complement Pakistan’s development agenda and reforms aimed at sustainable growth. He also noted that the upcoming visit of World Bank President Ajay Banga would provide a key opportunity to further strengthen the partnership.

Both Pakistan and the World Bank emphasized their commitment to a results-oriented collaboration that delivers meaningful socio-economic benefits for the people of Pakistan.

The meeting signals a strong partnership between Pakistan and the World Bank. Focusing on sectors like energy, agriculture, and infrastructure could boost economic stability. Effective coordination and monitoring are key to turning plans into measurable growth, while upcoming high-level visits may enhance trust and strategic cooperation.