Pakistan, May 29 -- In a major development, the World Bank has announced a long-term financial support plan of $40 billion for Pakistan, to be disbursed between 2026 and 2035. The Ministry of Economic Affairs has begun working on the implementation framework of this plan, which is part of the newly launched Country Partnership Framework (CPF).

For the first time, the World Bank has designed a 10-year strategy, instead of its typical 5-year cycle, signaling a deeper and more stable engagement with Pakistan. According to official documents, the plan is aimed at strengthening public services and enabling private investment to foster inclusive and sustainable development.

In the first phase, Pakistan will receive $20 billion in public secto...