World Bank Approves $700M for Pakistan's Stability, Service Delivery

• The World Bank approved $700 million in financing for Pakistan to bolster macroeconomic stability and service delivery.
• Funds are part of the Public Resources for Inclusive Development — Multiphase Programmatic Approach (PRID-MPA), which could provide up to $1.35 billion.
• $600 million is allocated for federal programs and $100 million for a provincial program in Sindh.
• The initiative aims to mobilize domestic resources, ensure efficient use, and deliver tangible impacts like better funding for schools and clinics.
• It focuses on strengthening fiscal foundations, expanding fiscal space, and improving revenue administration, budget execution, and data systems.

Why It Matters: World Bank provides $700M to Pakistan to boost stability, improve services, and strengthen fiscal management.