WB and Pakistan
The bank’s country partnership strategy is directly linked to the Pakistan’s own development vision. The bank’s support is focused on inter alia helping the country maintain economic stability by addressing the critical long constraints to growth, increasing the availability of lower cost power supply by supporting the hydro power and cross border energy trade, assisting the government to put in place a safety nets that adequately and effectively protect the poor from the economic shocks and supporting the education reform programme to increase the school participation, reduce the gender and rural – urban disparities and improve the quality and governance. The bank also helps Pakistan cope with the consequences conflict while reducing prospects of future conflicts through its engagement in country’s border areas. The World Bank group’s support to Pakistan is organized around four pillars:
- Improving the economic governance
- Improving human development and social protection
- Improving the infrastructure to support the growth
- Improving security and reducing the risk of conflict
To support the CSP pillars the bank will remain engaged with a robust programme projected at upto $4 billion in new IDA/IBRD lending over the FY 2012-14. An increasing portion of bank’s portfolio is being managed at provincial level, consistent with the recent devolution of responsibilities.