Pakistan is embarking on a new path to address its long-standing economic challenges through the implementation of the Country Partnership Framework (CPF) for fiscal years 2026 to 2035. The initiative comes after decades of low growth and investment, positioning Pakistan behind its peers in development metrics.
The government has introduced a series of reforms targeting fiscal policy, energy, and the business environment. These reforms aim to stimulate sustained economic growth. However, past failures have created a credibility gap that may affect the anticipated economic response.
The CPF outlines a ten-year plan with a Performance and Learning Review scheduled for FY30. It focuses on six critical outcomes aimed at addressing Pakistan's development needs more effectively than previous short-term programs. This strategy emphasizes larger, stable investments in crucial areas, potentially insulating the program from political volatility and shifting priorities.
The CPF targets include reducing child stunting by improving access to clean water, sanitation services, health, nutrition, and family planning services. It also aims to decrease learning poverty by enhancing foundational education quality.
Another goal is increasing resilience to floods and climate-related disasters while ensuring better food and nutrition security amid climate impacts on agriculture. Cleaner energy solutions and improved air quality are also prioritized.
Fiscal management improvements are sought through increased fiscal space and more progressive public expenditures for development purposes. Additionally, the CPF aims to boost productive private investment to improve trade balances and achieve sustainable growth.
The CPF's priorities were informed by policy notes, analytical work, consultations with stakeholders across various sectors including government entities at federal and provincial levels, civil society groups, academia, media outlets, and development partners. It aligns with national objectives outlined in Uraan Pakistan and the Prime Minister’s Economic Transformation Agenda.
For further details on country-wide consultations regarding the CPF, individuals are encouraged to visit the CPF Consultations Webpage.