World Bank Reaffirms Commitment to $20 Billion, 10-Year Development Program for Pakistan

Riyadh/Islamabad – February 8, 2026 — The World Bank Group has reiterated its firm commitment to Pakistan’s ambitious 10-year development program valued at $20 billion, emphasizing continued support for the country’s reform agenda and effective implementation of priority projects.
The reaffirmation came during an important meeting in Saudi Arabia between Pakistan’s Federal Minister for Finance Muhammad Aurangzeb and World Bank Group Managing Director Anna Bjerde on the sidelines of the annual AlUla Conference or related events.
According to the Ministry of Finance spokesperson, the discussions focused on key sectors including:
Energy sector reforms and sustainability
Education and human capital development
Health improvements
Climate resilience and adaptation
Debt-for-development swaps
Fiscal reforms
Infrastructure development
Ms. Anna Bjerde underscored the World Bank’s strong backing for Pakistan’s Country Partnership Framework (CPF) — the landmark 10-year plan (FY2026–FY2035) approved in January 2025 — and highlighted the critical importance of timely and effective implementation to maximize developmental impact and tangible outcomes.
Minister Aurangzeb reaffirmed Pakistan’s dedication to close collaboration with the World Bank Group and assured full cooperation from relevant federal ministries and provincial governments to translate commitments into real progress.
The $20 billion envelope, a first-of-its-kind long-term financing framework for Pakistan, aims to address chronic challenges such as child stunting, learning poverty, climate vulnerability, energy sector sustainability, and private-sector-led inclusive growth.
The meeting reflects strengthened multilateral engagement as Pakistan navigates economic stabilization, structural reforms, and resilience-building amid regional and global uncertainties.