Pakistan, Dec. 20 — The World Bank has approved $700 million for Pakistan to support macroeconomic stability and public service delivery. The financing is part of the Pakistan Public Resources for Inclusive Development program. The multi-year initiative aligns with Pakistan’s IMF-backed reform agenda.
The program uses a multiphase approach to improve spending quality and fiscal transparency. Moreover, it aims to strengthen budget planning, revenue systems, and data-driven decision-making. Funds will be released only after agreed reform targets are achieved.
Out of the total amount, $600 million will support federal programs across Pakistan. In addition, $100 million will finance a separate reform program in Sindh province. Overall, the full initiative could provide up to $1.35 billion in financing.
The federal component will focus on fairer taxation and improved budget execution. It will also support subsidy reforms, digital financial systems, and stronger national statistics. These measures aim to expand fiscal space and protect social and climate spending.
Meanwhile, Sindh’s program will boost provincial revenues and improve payment transparency. It will also promote data use in health, education, and public finance decisions. Ultimately, the initiative seeks better funding for schools and healthcare nationwide.
