World Bank has mobilised USD3.2bn in private capital since 2022
ISLAMABAD: The World Bank Group has mobilised nearly USD3.2 billion in private capital for Pakistan since 2022, including financing for major hydropower and green development projects, as the country seeks to bridge its widening development financing gap and attract investment beyond public funds. Globally, the World Bank Group mobilised a record USD 112 billion in private capital for developing…
The World Bank has successfully mobilised USD3.2 billion in private capital for Pakistan since 2022, with a focus on major hydropower and green development projects. This effort is aimed at addressing the country's widening development financing gap and attracting investment beyond public funds. The Bank's mobilisation includes leveraging World Bank financing and guarantees to attract international lenders and domestic banks, as well as encouraging businesses to invest in environmentally sustainable technologies.
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