IFC investments in Pakistan: Islamabad seeks more backing
Economic Affairs Minister Ahad Khan Cheema asked for IFC investments in Pakistan to focus on SMEs, housing, agriculture and PPPs, in talks held in Bangkok.
Pakistan has asked the IFC to set clear criteria that direct its financing toward growth, jobs and exports.
SMEs, housing finance, agriculture and public-private partnerships were named as priority areas.
IFC's portfolio in Pakistan has grown fourfold since 2022 to around US$3 billion, the minister said.
A proposed Fund of Funds for start-ups was discussed; no timeline or amount was announced.
The minister said success should be judged by jobs, exports and opportunities for women and youth.