Prime Minister (PM) Shehbaz Sharif welcomed the World Bank’s (WB) $40 billion investment in Pakistan, saying it will usher in “a new chapter” in a number of economic areas.
PM Shehbaz passed these remarks in a meeting with the World Bank Executive Directors’ team in Islamabad, a news statement from the PM Office Media Wing issued.
The WB and Pakistan have been partners for more than 70 years, the prime minister remarked as he welcomed the team to Pakistan.
“Pakistan has greatly benefited from its partnership with the World Bank,” he said, adding the WB provided substantial assistance to the people affected by the 2022 floods in Pakistan.
PM Shehabaz said that a $40 billion investment in Pakistan is part of the World Bank’s most recent Country Partnership Framework, which he termed very promising.
