Investing $2 billion yearly on Pakistan’s infrastructure, International Finance Corporation (IFC)
The International Finance Corporation (IFC) intends to raise its investments in Pakistan. IFC might spend up to $2 billion a year over the next ten years to assist industries like ports, energy, water, and airports.
Makhtar Diop, Managing Director of IFC, underlined in an interview with Reuters the need for funding in infrastructure, financial services, digital innovation, and agriculture.
These projects seek to propel Pakistan’s economy toward sustainability. Prime Minister Shehbaz Sharif also commended the World Bank Group’s latest $40 billion Country Partnership Framework (CPF) for 2026–2035 at the same time.
This strategy calls for government loans from IDA and IBRD totaling $20 billion as well as an additional $20 billion from IFC to support private sector growth. PM Sharif asked IFC to increase its support in important areas like infrastructure, IT, climate resilience, mining, and healthcare at a conference with Diop.
In Pakistan, stability and economic development depend on these industries. Along with the World Bank’s backing, the IFC’s higher investments might help Pakistan’s infrastructure, digital sector, and financial systems be improved, generating fresh commercial and economic prospects.
