Govt, World Bank review progress on 10-Year CPF

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MG News | May 06, 2026 at 05:13 PM GMT+05:00

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May 06, 2026 (MLN): The federal government is closely coordinating with provincial administrations to ensure effective implementation of the Country Partnership Framework (CPF), a long-term development roadmap aimed at driving sustainable growth and reforms across Pakistan.

During a meeting, Federal Minister for Economic Affairs Ahad Cheema and World Bank Country Director Bolormaa Amgaabazar reviewed progress and key priorities under the CPF, a 10-year framework for Pakistan (FY2026–FY2035) backed by financial support of up to $20 billion for development projects and reform initiatives.

The minister highlighted that strong federal-provincial alignment is central to achieving the CPF’s objectives. 

Discussions covered a range of social sector programs, particularly efforts to reduce child stunting through improved access to clean water, better sanitation, enhanced healthcare services, and proper nutrition.

Climate resilience remained a key focus, with both sides emphasizing the need to mitigate flood risks and other climate-related challenges while ensuring food and nutrition security within the broader water–agriculture nexus. 

Transitioning to cleaner energy systems and improving air quality were also identified as priority area, according to a press release issued.

Ahad Cheema noted that these initiatives span both federal and provincial domains, emphasizing that all governments are aligned and committed to delivering on the CPF’s targets.

The two sides also stressed the importance of promoting inclusive and productive private sector investment through the International Finance Corporation (IFC) to boost exports, strengthen external balances, and support sustainable economic growth.

The minister appreciated the World Bank Group’s continued support and reaffirmed the government’s commitment to policy continuity and reform implementation. 

Bolormaa Amgaabazar, in turn, reiterated the World Bank’s resolve to support Pakistan’s long-term development goals through sustained engagement, strategic financing, and technical assistance, expressing confidence in the country’s potential to unlock stronger investment, higher productivity, and inclusive growth.

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