{"id":15736,"date":"2025-03-01T07:29:08","date_gmt":"2025-03-01T07:29:08","guid":{"rendered":"https:\/\/gsrra.com\/?p=15736"},"modified":"2025-09-23T19:25:29","modified_gmt":"2025-09-23T19:25:29","slug":"world-bank-signals-economic-stabilisation-in-pakistan","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=15736","title":{"rendered":"World Bank signals economic stabilisation in Pakistan"},"content":{"rendered":"\n<p><em><strong>World Bank to invest $20 billion in Pakistan&#8217;s development, focusing on clean energy and climate resilience from 2026.<\/strong><\/em><\/p>\n\n\n\n<p><audio preload=\"metadata\" src=\"https:\/\/i.tribune.com.pk\/attachments\/speech_20250228154523560-fpPz2.mp3\"><\/audio>The World Bank announced on Friday that economic stabilisation is \u201ctaking hold\u201d in Pakistan, marking an opportune moment to sign an agreement for a ten-year development plan.<\/p>\n\n\n\n<p>The plan will focus $20 billion in development lending to the cash-strapped country under the new Country Partnership Framework, which was announced last month. The funding will be directed towards areas such as clean energy and climate resilience from 2026 onwards.<\/p>\n\n\n\n<p>Najy Benhassine, the World Bank\u2019s Country Director for Pakistan, said in a video message on X, \u201cThis is an important moment for the partnership between the World Bank Group and Pakistan as we engage on this journey at a particular moment for Pakistan where stabilization is taking hold and there are new ambitions and new plans for development on the long term that are very aligned with the priorities of the World Bank Group in the country.\u201d<\/p>\n\n\n\n<p>He further stated, \u201cThis is a groundbreaking joint commitment with the government of Pakistan both at the federal and provincial level to commit to focus on six of the most acute development challenges that the country is facing.\u201d<\/p>\n\n\n\n<p>The World Bank\u2019s lending will start in 2026, targeting six key areas: improving education quality, addressing child stunting, boosting climate resilience, enhancing energy efficiency, fostering inclusive development, and increasing private investment.<\/p>\n\n\n\n<p>According to the finance ministry\u2019s monthly outlook report, Pakistan\u2019s consumer inflation is expected to remain stable in February and continue its downward trend compared to the previous year.<\/p>\n\n\n\n<p>Inflation has eased, with the Consumer Price Index (CPI) registering at 2.4% in January, compared to 24% during the same period last year. Authorities have attributed this improvement to economic stabilization under the IMF program secured last summer.<\/p>\n\n\n\n<p>The report also highlighted that foreign remittances, a vital component of Pakistan\u2019s economy, are expected to rise. \u201cWorkers\u2019 remittances recorded robust inflows of $20.8 billion during July-Jan FY2025, marking a 31.7% increase over $15.8 billion last year,\u201d the ministry stated.<\/p>\n\n\n\n<p>An IMF mission is scheduled to arrive in Islamabad next week for the first review of Pakistan\u2019s IMF facility. The finance ministry expects the primary surplus to improve further in the coming months, a key benchmark outlined by the IMF.<\/p>\n\n\n\n<p>Reference Link:- <a href=\"https:\/\/tribune.com.pk\/story\/2531532\/world-bank-signals-economic-stabilisation-in-pakistan\" target=\"_blank\" rel=\"noopener\">https:\/\/tribune.com.pk\/story\/2531532\/world-bank-signals-economic-stabilisation-in-pakistan<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>World Bank to invest $20 billion in Pakistan&#8217;s development, focusing on clean energy and climate resilience from 2026. The World Bank announced on Friday that economic stabilisation is \u201ctaking hold\u201d in Pakistan, marking an opportune moment to sign an agreement for a ten-year development plan. The plan will focus $20 billion in development lending to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15737,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[4290,13604,3609,132,3317,36,6865,2589,13606,13605,60],"class_list":["post-15736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-stable-economy","tag-20-billions","tag-clean-energy","tag-economy","tag-investments","tag-pakistan","tag-positive-signals","tag-world-bank","tag-world-bank-signals-economic-stabilisation-in-pakistan","tag-climate-resilience","tag-geopolitics"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/15736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15736"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/15736\/revisions"}],"predecessor-version":[{"id":15738,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/15736\/revisions\/15738"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/15737"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}