World Bank preparing new Country Partnership Framework for Pakistan
Top Story
January 26, 2021
ISLAMABAD: The World Bank (WB) is preparing a new Country Partnership Framework (CPF) for the next five years from fiscal year 2022 to 2026 with possible portfolio of $10 to $12 billion for different sectors of economy of Pakistan.
The Pakistani authorities are expecting that the World Bank Group will extend lending of around $12 billion for five years period under the CPF. “Although, the WBG has not officially communicated the exact size of portfolio but it should be around $12 billion,” a top official of the PTI led government confided to The News here on Monday.
Top Story
January 26, 2021
ISLAMABAD: The World Bank (WB) is preparing a new Country Partnership Framework (CPF) for the next five years from fiscal year 2022 to 2026 with possible portfolio of $10 to $12 billion for different sectors of economy of Pakistan.
The Pakistani authorities are expecting that the World Bank Group will extend lending of around $12 billion for five years period under the CPF. “Although, the WBG has not officially communicated the exact size of portfolio but it should be around $12 billion,” a top official of the PTI led government confided to The News here on Monday.
The WB’s CPF for five years is in the process of finalization that is expected to be presented before the Executive Board of WB in May/June 2021. “The consultation with relevant stakeholders is underway and the next CPF will be ready by end of the ongoing financial year,” said one official.