PM hails $20bn World Bank partnership to boost growth
Prime Minister Shehbaz Sharif on Thursday hailed the $20 billion Country Partnership Framework (CPF) as a landmark initiative, even as a World Bank official acknowledged they were ‘taking a risk’ by offering Pakistan the unusual decade-long partnership. Addressing the launch ceremony of the decade-long CPF, the prime minister described it as a transformative partnership marking the longest development collaboration between Pakistan and the Bank, forged through years of strategic cooperation to promote employment opportunities, IT-led development and climate resilience while ensuring economic stability.. He emphasised that the framework aims to address Pakistan’s pressing economic and developmental challenges while fostering growth, resilience and technological progress.