Pakistan Country Overview 2008

Bank’s assistance to Pakistan

• The Bank’s Country Assistance Strategy FY 06-09 envisages a flexible lending program of up to US$6.5 billion─ a substantial increase over the previous CAS period. This includes between $200 and $850 million annually from IBRD. The current portfolio consists of 22 projects, with total commitments of US$2.3 billion.

	Information at-a-glance Lending FY07: US$ 990 million Lending FY08 (as of March): US$250.2 million Indicative Lending FY08 (total): 1.232 billion Cumulative Lending FY ‘07:   US$16.25 billion (net of US$2.1 billion cancellation) GDP (2006): US$126.84 billion Population (2006):  159 million GNI per capita (2006):  US$800 Population below $1 Dollar a day (2002):  17% Population below $2 Dollar a day (2002): 74%

• Among the challenges facing Pakistan, depleting water resources, an infrastructure deficit, delivery of social services like education and health, human resource development, and trade competitiveness are the most important. The Bank stands ready to assist Pakistan in keeping with the country’s Poverty Reduction Strategy in support of its objective to meet the Millennium Development Goals.

The Bank has been working with Pakistan on many aspects of its wide-ranging reform program over the last few years. The support is continuing in the shape of technical assistance, investment loans and programmatic operations as Pakistan - like other South Asia nations - faces increasing global prices for petroleum products and food items. 

Current Lending by Sector in Millions of US Dollars approved in current Fiscal Year* - Pakistan

*World Bank Fiscal Year is from July 1 through June 30.
**Total commitment amount is the amount the Bank has agreed to lend to the project at the time of the project's approval