According to the ADB’s official statement, the amount for Pakistan has been approved under the Resources Mobilization Reforms Program.
The statement further stated that Pakistan enjoys the majority of support at the Asian Development Bank (ADB).
Earlier, it was reported that the World Bank (WB) to invest $40 billion in Pakistan during 2026 to 2035 under its Country Partnership Framework (CPF).
World Bank to invest $40 billion in Pakistan
According to the documents, the Ministry of Economic Affairs began developing a comprehensive implementation framework to support the initiative, which aligns with the government’s priorities and the National Economic Transformation Plan, Uraan Pakistan.
For the first time, the World Bank has adopted a 10-year framework instead of its usual five-year strategy, signaling a long-term commitment to Pakistan’s development.
In the first phase, Pakistan will receive $20 billion in sovereign loans from the World Bank’s International Development Association (IDA) and International Bank for Reconstruction and Development (IBRD).
These funds will be allocated to critical sectors, including education, health, climate change mitigation, clean energy, and air quality improvement.
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