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World Bank to loan Pakistan $20B for economic and climate goals

The World Bank plans to loan Pakistan $20 billion over the next decade to support economic recovery, climate resilience, and private sector growth. Prime Minister Shehbaz Sharif stated the funds will address child nutrition, clean energy, and education. Pakistan narrowly avoided default in 2023 after an IMF bailout. The World Bank's Pakistan director Najy Benhassine said the deal represents a long-term anchor for development challenges. The program will begin in fiscal year 2026 and last until 2035.

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Jan 18, 2025

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The World Bank plans to loan Pakistan $20 billion over the next decade to support economic recovery, climate resilience, and private sector growth. Prime Minister Shehbaz Sharif stated the funds will address child nutrition, clean energy, and education. Pakistan narrowly avoided default in 2023 after an IMF bailout. The World Bank's Pakistan director Najy Benhassine said the deal represents a long-term anchor for development challenges. The program will begin in fiscal year 2026 and last until 2035.

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