World Bank pledges $40bn to Pakistan under 10-year partnership framework

The World Bank (WB) has pledged to provide $40 billion to Pakistan under the 10-year Country Partnership Framework (CPF), according to sources in the Ministry of Economic Affairs.

Out of the total $40 billion, $20 billion would be provided through International Development Association (IDA) and International Bank for Reconstruction and Development (IBRD).

The CPF will focus on six key…