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    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

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    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

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    Petrol Up Rs5.44, Diesel Soars Rs31.05 as Government Introduces Daily Fuel Pricing

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    Aurangzeb Calls for Faster Capital Market Reforms to Reduce Reliance on Bank Lending

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    CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

    PIA Shortlists Former Ethiopian Airlines CEO to Lead Turnaround: Report

    PIA Shortlists Former Ethiopian Airlines CEO to Lead Turnaround: Report

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    ADB Appointed Financial Adviser for Islamabad Airport Outsourcing

    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

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    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

    PM Shehbaz Introduces National Housing Finance Scheme to Boost Home Ownership

    Pakistan, China Sign $440m Pharma Deals as PM Reaffirms Security for Chinese Investors

    Aurangzeb Calls for Faster Capital Market Reforms to Reduce Reliance on Bank Lending

    Aurangzeb Calls for Faster Capital Market Reforms to Reduce Reliance on Bank Lending

    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

    World Bank Approves $375.9 Million to Upgrade Pakistan’s Electricity Grid

    World Bank Approves $375.9 Million to Upgrade Pakistan’s Electricity Grid

    Gold Falls by Rs3,000 per Tola in Pakistan Following Global Decline

    Gold Falls Rs2,400 Per Tola in Pakistan as Global Prices Weaken

    Pakistan Launches InvestPak Portal to Broaden Investor Base, Reduce Reliance on Banks

    Pakistan Launches InvestPak Portal to Broaden Investor Base, Reduce Reliance on Banks

    FPCCI Calls for Return of Cotton Exchange Building to KCA, Warns of Impact on Cotton Sector

    FPCCI Calls for Return of Cotton Exchange Building to KCA, Warns of Impact on Cotton Sector

    Govt Reduces Petrol, Diesel Prices by Rs1.97 Per Litre

    Govt Reduces Petrol, Diesel Prices by Rs1.97 Per Litre

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    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

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    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Khojaly Genocide: A bloody chapter in 20th-century history

    Khojaly Genocide: A bloody chapter in 20th-century history

    Remembering Khojaly is a moral obligation

    Remembering Khojaly is a moral obligation

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    Gold Price Falls by Rs1,100 Per Tola in Pakistan

    Pakistan Retains Representation on ICCD Executive Bodies

    Pakistan Retains Representation on ICCD Executive Bodies

    Embassy of Romania Inaugurates “Romanian Shelf” at the National Library of Pakistan

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    PM Shehbaz, Chinese Envoy Discuss CPEC Expansion and Bilateral Cooperation

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    Polish National Day Celebrated in Islamabad with Strong Focus on Bilateral Ties and Global Peace

    Stocks swing, oil edges up with US-Iran peace talks stalled

    Stocks swing, oil edges up with US-Iran peace talks stalled

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    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    Petrol Up Rs5.44, Diesel Soars Rs31.05 as Government Introduces Daily Fuel Pricing

    Petrol Up Rs5.44, Diesel Soars Rs31.05 as Government Introduces Daily Fuel Pricing

    CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

    CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

    PIA Shortlists Former Ethiopian Airlines CEO to Lead Turnaround: Report

    PIA Shortlists Former Ethiopian Airlines CEO to Lead Turnaround: Report

    ADB Appointed Financial Adviser for Islamabad Airport Outsourcing

    ADB Appointed Financial Adviser for Islamabad Airport Outsourcing

    Govt Allows NBFCs to Join PM’s Apna Ghar Programme

    Govt Allows NBFCs to Join PM’s Apna Ghar Programme

    Economic Survey 2025-26 to Highlight Fiscal Performance Ahead of FY27 Budget

    Economic Survey 2025-26 to Highlight Fiscal Performance Ahead of FY27 Budget

    Pakistan Reopens Offshore Oil, Gas Exploration After Nearly 20 Years

    Pakistan Reopens Offshore Oil, Gas Exploration After Nearly 20 Years

    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

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  • Latest
    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

    PM Shehbaz Introduces National Housing Finance Scheme to Boost Home Ownership

    Pakistan, China Sign $440m Pharma Deals as PM Reaffirms Security for Chinese Investors

    Petrol Up Rs5.44, Diesel Soars Rs31.05 as Government Introduces Daily Fuel Pricing

    Petrol Up Rs5.44, Diesel Soars Rs31.05 as Government Introduces Daily Fuel Pricing

    Aurangzeb Calls for Faster Capital Market Reforms to Reduce Reliance on Bank Lending

    Aurangzeb Calls for Faster Capital Market Reforms to Reduce Reliance on Bank Lending

    CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

    CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

    PIA Shortlists Former Ethiopian Airlines CEO to Lead Turnaround: Report

    PIA Shortlists Former Ethiopian Airlines CEO to Lead Turnaround: Report

    ADB Appointed Financial Adviser for Islamabad Airport Outsourcing

    ADB Appointed Financial Adviser for Islamabad Airport Outsourcing

    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

  • Business & Finance
    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

    China’s June Aluminium Imports Fall 17.4% as Higher Overseas Prices Weigh on Demand

    PM Shehbaz Introduces National Housing Finance Scheme to Boost Home Ownership

    Pakistan, China Sign $440m Pharma Deals as PM Reaffirms Security for Chinese Investors

    Aurangzeb Calls for Faster Capital Market Reforms to Reduce Reliance on Bank Lending

    Aurangzeb Calls for Faster Capital Market Reforms to Reduce Reliance on Bank Lending

    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

    Pakistan Signs LoI with Plug and Play to Boost Startup Ecosystem

    World Bank Approves $375.9 Million to Upgrade Pakistan’s Electricity Grid

    World Bank Approves $375.9 Million to Upgrade Pakistan’s Electricity Grid

    Gold Falls by Rs3,000 per Tola in Pakistan Following Global Decline

    Gold Falls Rs2,400 Per Tola in Pakistan as Global Prices Weaken

    Pakistan Launches InvestPak Portal to Broaden Investor Base, Reduce Reliance on Banks

    Pakistan Launches InvestPak Portal to Broaden Investor Base, Reduce Reliance on Banks

    FPCCI Calls for Return of Cotton Exchange Building to KCA, Warns of Impact on Cotton Sector

    FPCCI Calls for Return of Cotton Exchange Building to KCA, Warns of Impact on Cotton Sector

    Govt Reduces Petrol, Diesel Prices by Rs1.97 Per Litre

    Govt Reduces Petrol, Diesel Prices by Rs1.97 Per Litre

  • Fintech
  • Opinion
    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Khojaly Genocide: A bloody chapter in 20th-century history

    Khojaly Genocide: A bloody chapter in 20th-century history

    Remembering Khojaly is a moral obligation

    Remembering Khojaly is a moral obligation

  • World
    Gold Price Falls by Rs1,100 Per Tola in Pakistan

    Gold Price Falls by Rs1,100 Per Tola in Pakistan

    Pakistan Retains Representation on ICCD Executive Bodies

    Pakistan Retains Representation on ICCD Executive Bodies

    Embassy of Romania Inaugurates “Romanian Shelf” at the National Library of Pakistan

    Embassy of Romania Inaugurates “Romanian Shelf” at the National Library of Pakistan

    PM Shehbaz, Chinese Envoy Discuss CPEC Expansion and Bilateral Cooperation

    PM Shehbaz, Chinese Envoy Discuss CPEC Expansion and Bilateral Cooperation

    Poland Envoy Praises Pakistan’s Role in Regional Peace and Diplomacy at National Press Club Islamabad

    Poland Envoy Praises Pakistan’s Role in Regional Peace and Diplomacy at National Press Club Islamabad

    Ishaq Dar calls Pakistan-China friendship as “time-tested and strengthened by trust” at launch of Digital Economic Centre

    Ishaq Dar calls Pakistan-China friendship as “time-tested and strengthened by trust” at launch of Digital Economic Centre

    Pakistan-China B2B Summit Seals Over 50 MoUs, Battery Storage Sector Leads with $82 Million Deal

    Pakistan-China B2B Summit Seals Over 50 MoUs, Battery Storage Sector Leads with $82 Million Deal

    Polish National Day Celebrated in Islamabad with Strong Focus on Bilateral Ties and Global Peace

    Polish National Day Celebrated in Islamabad with Strong Focus on Bilateral Ties and Global Peace

    Stocks swing, oil edges up with US-Iran peace talks stalled

    Stocks swing, oil edges up with US-Iran peace talks stalled

  • Pakistan
    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    FBR Exempts Certain POS-Compliant Retail Supplies from Retail Price Tax Regime

    Petrol Up Rs5.44, Diesel Soars Rs31.05 as Government Introduces Daily Fuel Pricing

    Petrol Up Rs5.44, Diesel Soars Rs31.05 as Government Introduces Daily Fuel Pricing

    CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

    CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

    PIA Shortlists Former Ethiopian Airlines CEO to Lead Turnaround: Report

    PIA Shortlists Former Ethiopian Airlines CEO to Lead Turnaround: Report

    ADB Appointed Financial Adviser for Islamabad Airport Outsourcing

    ADB Appointed Financial Adviser for Islamabad Airport Outsourcing

    Govt Allows NBFCs to Join PM’s Apna Ghar Programme

    Govt Allows NBFCs to Join PM’s Apna Ghar Programme

    Economic Survey 2025-26 to Highlight Fiscal Performance Ahead of FY27 Budget

    Economic Survey 2025-26 to Highlight Fiscal Performance Ahead of FY27 Budget

    Pakistan Reopens Offshore Oil, Gas Exploration After Nearly 20 Years

    Pakistan Reopens Offshore Oil, Gas Exploration After Nearly 20 Years

    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

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Home Business & Finance

Govt, provinces align efforts to implement World Bank’s $20bn CPF plan

News Desk by News Desk
May 6, 2026
in Business & Finance, Latest
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Govt, provinces align efforts to implement World Bank’s $20bn CPF plan
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Federal Minister for Economic Affairs Ahad Cheema said the federal government is working in close coordination with provincial administrations to deliver on the World Bank’s Country Partnership Framework (CPF).

He shared these remarks during a meeting with Bolormaa Amgaabazar, the World Bank’s Country Director, according to an official statement issued Wednesday.

The discussion centered on the CPF’s main targets—a 10-year development framework for Pakistan (FY2026–FY2035) backed by $20 billion in funding for reforms and development initiatives.

Key areas under consideration included efforts to reduce child stunting by improving access to clean water, sanitation, healthcare, and nutrition.

Climate resilience was also a major focus, particularly addressing flood risks, strengthening food and nutrition security, and managing the water–agriculture nexus. The shift toward cleaner energy and better air quality was highlighted as another priority.

Cheema emphasized that these sectors fall under both federal and provincial domains, noting that all governments are aligned and committed to achieving CPF goals.

Both sides also stressed the need to encourage inclusive and productive private-sector investment through the International Finance Corporation to boost exports, stabilize external accounts, and support sustainable economic growth.

The minister acknowledged the World Bank Group’s ongoing support and reaffirmed the government’s commitment to consistent policies and reform implementation.

Amgaabazar reiterated the World Bank’s commitment to assisting Pakistan in meeting long-term development objectives through continued engagement, financing, and technical support, expressing optimism about the country’s potential for stronger investment, productivity, and inclusive growth.

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The writer is a media graduate, serving as the Head of Communications at the Center for Democracy and Climate Studies, and as an International Expert at Diplomatic Affairs.

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