![Pakistan set to receive a $20 billion loan from the World Bank over 10 years for economic development and infrastructure projects. [File Photo via Reuters]](https://pkafgyouthforum.com/wp-content/uploads/2025/01/909667_0.jpeg-1024x683.webp)
The World Bank will lend Pakistan $20 billion over the next 10 years. The loan aims to improve the country’s key sectors. Sources told Geo News on Saturday.
According to sources in the Ministry of Economic Affairs, the loan will be part of the World Bank’s support under the Country Partnership Framework 2025-35, which focuses on sustainable economic development.
The WB’s Board of Directors will assumedly approve the loan on January 14. Once approved, Martin Raiser, the lender’s Vice President, will visit Islamabad to discuss the loan program and its implementation.
In addition to the $20 billion, two subsidiary entities of the World Bank will assist Pakistan in securing another $20 billion in private loans.
This will bring the total financial package to $40 billion, which officials will allocate towards infrastructure development, climate resilience projects, and improving social services.
Also See: Pakistan Signs $200 Million Loan Agreement with ADB
Meanwhile, The News newspaper reported that the government has launched the National Economic Transformation Plan. The plan aims to achieve ambitious economic targets. These include doubling GDP growth and halving poverty over a five-year period.
The plan envisages attracting $29 billion anticipated investment under the supervision of the Special Investment Facilitation Council (SIFC) including $10 billion from the UAE, $5 billion from Saudi Arabia, $2 billion from Qatar, $2 billion from Azerbaijan, and $10 billion from Kuwait.
Meanwhile, the government has set the gross domestic product (GDP) target at 6% until the Fiscal Year 2028-29. They project the per capita income in dollar terms to rise to $2,405 from $1,680.
This news is sourced from [Ashraq Al-Awsat] and is for informational purposes only.
