Pakistan has commenced negotiations with the World Bank for a new 4-year program, aiming to secure $8 billion through the Country Partnership Strategic Policy Framework. The proposed program, anticipated to run from 2025 to 2029, is expected to prioritize key areas, although the policy framework and the finalization of the Country Partnership Strategic Policy Framework are yet to be determined.
The IMF could not finalize its financial support program for Pakistan from 2022 to 2026 due to extensive time consumed by elections and the formation of a new government. With the new elected government now in place, negotiations are underway with global institutions for a new IMF program. The upcoming IMF program, spanning four to five years, is likely to focus predominantly on priority sectors. Discussions are ongoing to shape the framework for funding major sectors over the next five years.
An official, speaking to the media, emphasized Pakistan’s desire to maximize financial inflows over the next four to five years to meet external financing requirements.
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