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World Bank Approves $700 Million Results-Based Reform Package for Pakistan

Future releases depend on verified progress on fiscal and governance reforms aligned with Pakistan’s IMF program.

Overview

  • Board approval under the PRID‑MPA provides $700 million to support macroeconomic stability and improve public service delivery through measurable reforms.
  • $600 million is allocated for federal measures and $100 million for a separate Sindh program focused on strengthening provincial finances and payment transparency.
  • Disbursement is tied to achieving targets on tax policy and administration, scaling IFMIS and e‑procurement, rationalising subsidies, and bolstering the national statistical system.
  • The multiphase design could channel up to $1.35 billion over time, reinforcing conditions under the IMF Extended Fund Facility and the National Fiscal Pact.
  • World Bank officials say the program aims to raise domestic revenue fairly, improve budget planning and data use, expand fiscal space for priority social and climate needs, and ensure more predictable funding for schools and clinics.