Pakistan Seeks World Bank Financing for National AI Program
Federal Minister for Economic Affairs and Pakistan's Governor to the World Bank Group (WBG), Ahad Khan Cheema, sought continued WBG financing for the ML-1 railway project and the National Artificial Intelligence and Economic Development Program during a session with WBG…
Federal Minister for Economic Affairs and Pakistan's Governor to the World Bank Group (WBG), Ahad Khan Cheema, sought continued WBG financing for the ML-1 railway project and the National Artificial Intelligence and Economic Development Program during a session with WBG President Ajay.
Article outline
- What happened
- Official response
- The bottom line
Key points
- Both sides discussed translating macroeconomic stabilization into sustainable, investment-led expansion, productive employment, and improved livelihoods, building on Banga's February 2026 visit to Pakistan.
- Sindh Seeks China's Support to Turn Karachi Into a Smart City.
- He highlighted Pakistan's whole-of-government reform effort, led by the Prime Minister's Steering Committee on implementation reforms, to address systemic bottlenecks and expedite project execution.
- He stressed that the partnership must deliver lasting outcomes with credible monitoring and tangible improvements for end beneficiaries.
Cheema acknowledged the WBG's operational efficiency gains, including a reduction in average project preparation time from 19 months to nine months and record $112 billion in private capital mobilization in FY2026. Sindh Seeks China's Support to Turn Karachi Into a Smart City.
He highlighted Pakistan's whole-of-government reform effort, led by the Prime Minister's Steering Committee on implementation reforms, to address systemic bottlenecks and expedite project execution. Both sides agreed to streamline processes further and accelerate delivery of development outcomes.
Meanwhile, the minister remarked CPF implementation and policy reforms must align with large-scale, high-impact investments in digital transformation and AI, minerals and value addition, primary healthcare, skills development, agricultural value chains, energy and transport infrastructure.
He stressed that the partnership must deliver lasting outcomes with credible monitoring and tangible improvements for end beneficiaries. Stay Connected with ProPakistani. Obtain the latest news and stories wherever you prefer. Follow on Google Discover. Follow on Google News Join WhatsApp. See more ProPakistani stories in Google Search and Top Stories.
In short, pakistan Seeks World Bank Financing for National AI Program is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.
