The World Bank has committed to providing a loan of $8.7 billion over the next five years. This funding will support 58 projects with a total estimated cost of $14.8 billion, according to official documents obtained by Raised by Numbers.

To date, Pakistan has already received $6.16 billion from the World Bank. The additional $8.7 billion in loans will be disbursed by 2029, targeting a range of critical infrastructure and development initiatives.

Among the key projects, $1 billion has been allocated for Phase-I of the Dasu Hydropower Project, with $588.4 million designated for the project’s first stage and $700 million for its transmission line project. The Sindh Flood Emergency Rehabilitation Project and a housing project in Sindh province will each receive $500 million.

The Khyber Pass Economic Corridor Project is set to receive $460 million, while $450 million has been earmarked for the KP Hydropower & Renewable Energy Development Project. The Pakistan Raises Revenue Program will benefit from $400 million in funding.

Additionally, $400 million has been dedicated to Higher Education Development, and $440 million for a water supply project in rural areas of Punjab. The Tarbela 5th Extension Hydropower Project will receive $390 million, Sindh Disaster Resilience Improvement will get $300 million, and the National Transmission Modernization Project (NTMP) will be funded with $425 million.

The Karachi Solid Waste Emergency project will receive $100 million from the World Bank. The comprehensive plan also includes reforms in the Federal Board of Revenue (FBR) and funding for the Punjab Human Capital Project, among other significant initiatives.

This substantial financial commitment underscores the World Bank’s ongoing support for Pakistan’s development and its efforts to address critical infrastructure needs and promote economic growth.