World Bank CPF Pakistan: Pledge to Fast-Track Implementation
Pakistan's Economic Affairs Minister and the World Bank's operations chief agreed in Bangkok to speed up World Bank CPF Pakistan projects, with focus on project readiness and financing.
Pakistan and the World Bank Group reaffirmed on Thursday, October 15, a commitment to speed up the Country Partnership Framework (CPF).
Economic Affairs Minister Ahad Khan Cheema met Anna Bjerde, the Bank's Managing Director of Operations, in Bangkok.
The focus is on project preparedness, concessional (softer-term) financing and sectors such as human development, climate resilience and water and sanitation.
Railway and minerals projects were discussed, including the ML-1 Railway Upgradation Project and a proposed Minerals Compact.
The sources do not give a new loan amount or a timeline for the faster approvals.