Minister vows swift CPF execution with provinces

Federal Minister for Economic Affairs Ahad Cheema has assured the World Bank that the federal government is closely coordinating with all provincial governments to effectively implement the 10?year Country Partnership Framework (CPF) for Pakistan, which includes $20 billion for development projects and reform programmes, according to an official statement issued on Wednesday.

During a meeting with World Bank Country Director Bolormaa Amgaabazar, Cheema discussed key outcomes of the CPF, which covers FY2026-FY2035. He emphasised that the federal government and all provinces are on board and remain committed to achieving the framework's intended outcomes.

The meeting also discussed programmes aimed at reducing child stunting through clean water, improved sanitation systems, better healthcare and proper nutrition. Climate resilience featured prominently, with a focus on mitigating flood impacts and other climate?related risks while ensuring food and nutrition security within the water?agriculture nexus. The transition towards cleaner and more sustainable energy systems, along with improved air quality, was also prioritised as a key area.

Cheema noted that all these areas fall under both federal and provincial jurisdiction. "The federal government is closely coordinating with all provincial governments to effectively achieve the CPF's objectives," he said.

Both sides emphasised the importance of fostering productive and inclusive private sector investment through the International Finance Corporation (IFC) to boost exports, improve external balances and drive higher, more sustainable economic growth.

The minister appreciated the World Bank Group's continued support and reiterated the government's resolve to ensure policy continuity and the effective implementation of reforms.

Amgaabazar reaffirmed the World Bank's commitment to supporting Pakistan in achieving long?term development goals through sustained engagement, strategic financing and technical expertise. She expressed confidence that, with consistent efforts, Pakistan can unlock stronger investment, enhanced productivity and inclusive growth.