International Finance Corporation (IFC) to Invest $2 Billion Annually in Pakistan’s Infrastructure

The International Finance Corporation (IFC) has announced plans to enhance equity investments and fund large-scale infrastructure projects in Pakistan, potentially unlocking up to $2 billion annually over the next decade. IFC Managing Director Makhtar Diop, in an interview with Reuters, emphasized the need for investment in key sectors such as airports, energy, water, and ports, while also focusing on agriculture, digital innovation, infrastructure, and financial services to drive sustainable economic growth. Meanwhile, Prime Minister Shehbaz Sharif praised the World Bank Group’s new $40 billion Country Partnership Framework (CPF) for 2026-35, which includes $20 billion in sovereign lending from IDA and IBRD, along with $20 billion in IFC mobilization for private sector investment. During a meeting with Diop, PM Sharif urged the IFC to expand its support in infrastructure, IT, climate resilience, mining, and healthcare to accelerate economic progress in Pakistan.