pakistan8217s development partners

Pakistan’s Development Partners

Like other developing countries around the globe, Pakistan also seeks to optimize a higher and impact-oriented investment rate in order to achieve higher and sustainable economic growth. In this regard, Pakistan’s development partners provide knowledge advisory and financial assistance to support implementation of economic reforms that will spur sustainable economic growth.

The priority of the incumbent federal government headed by Prime Minister Muhammad Shehbaz Sharif is to undertake development partners’ engagements around two key objectives: (i) achieve sustainable social and economic growth as envisioned in its development plans to reduce poverty and inequality, and to create equitable access to social services and create employment opportunities for the youth, and (ii) address the external and fiscal imbalances for enhanced macroeconomic stability.

The disbursement of Foreign Economic Assistance (FEA) remained low during the financial year 2025-26, as against budgeted figures of Rs 5777654.488 million, foreign assistance received was Rs 5024516.997 million. For the new financial year 2026-27, Pakistan was most likely to receive Rs 6779624.460 million (US $ 23.38 billion) from its development partners. Breakup-wise, Pakistan will be borrowing US $ 400.422 million (Rs 116122.423 million) from bilateral resources, US $ 4866.223 million (Rs 1411204.727 million) from multilateral resources, (US $ 235.000 million) from foreign commercial banks, US $ 12000.00 million (Rs 3480000.000 million) through bilateral deposit, US $ 1122.370 million (Rs 325487.300 million) through Naya Pakistan Certificate, and US $ 530.000 million (Rs 153700.000 million) from International Monetary Fund (IMF). Foreign assistance secured by Pakistan from its development partners also include, as usual, foreign aid for autonomous bodies such as WAPDA (Power), National Transmission and Dispatch Company (NTDC), National Highway Authority (NHA), and Power Division. Higher Education Commission (HEC) and SUPARCO were among the autonomous bodies who also received foreign assistance during the financial year 2025-26, but both of these were not among the foreign assistance beneficiaries somehow for the just commenced fiscal year 2026-27. Figures have been avoided for want of space, please.

External resources, as per information available from the official sources, are derived from a combination of financing instruments, including project loans and grants, programme loans and other loans. Project loans and grants are received from specialised International Financial Institutions and friendly countries with specific purposes; project loans and grants for Public Sector Development Programme (PSDP) are received for various projects being executed by Federal Government, Provincial Governments and various Autonomous Bodies such as WAPDA, PEPCO, NHA, etc.; there are certain projects which are kept out of PSDP and executed by Federal and Provincial Governments and Autonomous Bodies by receiving project loans and grants; programme loans are provided for budgetary support and are linked/tied with achievement of specific targets and goals; and other loans comprise of loans from Islamic Development Bank, Sovereign Bonds, Sukuk Bonds, etc. raised from non-traditional sources.

Bilateral sources included China, Denmark, France, Germany, Italy, Japan, Korea, Kuwait, Oman, Saudi Arabia, and the USA.

Multilateral sources included Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), EIB, International Bank for Reconstruction & Development (IBRD), International Development Association (IDA), International Fund for Agricultural Development (IFAD), IsDB, PEC Fund and the United Nations, and the International Monetary Fund (IMF). There was no Saudi Arabia Time Deposit and no SAFE China Deposit commitments for the financial year 2026-27.

World Bank, Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB) and IsDB were the major multilateral development partners who have conducted important diagnostic studies as well as formulated well-aligned medium-term country partnership strategies. Developments in Pakistan’s economy were also being closely monitored and rated by important rating agencies like Fitch, Moody’s and S & P which help Pakistan in accessing capital markets.

Support from development partners and international financial institutions is critical to implementing the federal government’s agenda for sustained and balanced development for the people.

The aim and objective of seeking foreign or external financial assistance can be stated as “promoting economic and social development in the developing countries.” It can also be defined as “Administered transfer of resources from a donor country or international financial agency to the developing countries with a view to encourage economic growth.”

Foreign aid can be in the form of money, goods or technical assistance and can also be between two (bilateral) or many (multilateral) countries/institutions.

Foreign aid is also looked for to meet both the economy’s balance of payments gap and investment gap. That is why project and technical assistance alone are not sufficient.

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  • Pro-America or Pro-Israel

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  • The Architect of Conscience: Arif Ali Mir and the …

    Reflecting upon the profound vastness of the cosmos and the acute, unyielding solitude of the human condition, the French philosopher and writer Albert Camus once observed that if even a single lamp were to be kindled within the dark, tempestuous ocean of history, the entire fabric of the universe would transform, tearing asunder the merciless veil of night. The annals of history stand as an unshakeable testament to the truth that whenever the fierce gales of material greed, political expediency, and moral decay have threatened to engulf human societies, certain dervish-souled, deeply conscientious, and granite-willed individuals have emerged from the crowd. Swimming resolutely against the powerful, destructive current of their era, these rare souls have stood guard over the invaluable civilizational trusts bequeathed by antiquity. The fertile, history-drenched soil of Gujrat—where the ancient, meandering waves of the Chenab and Jhelum rivers have whispered civilizational sagas for centuries—has long served as the intellectual cradle and practical domain of precisely such a man of extraordinary mettle. Brushing aside the rigidities of legal codes, the demanding, iron-willed disciplinary training of police service, and the glittering, lucrative allure of high-ranking international postings, he made the monumental choice to dedicate his entire terrestrial existence to books, the retrieval of forgotten history, and uncompromised moral dignity. This towering, unyielding personality is none other than Arif Ali Mir, Advocate, whose entire life has stood like an unshakable monolith against the self-serving, shifting winds of his time. Born on December 28, 1949—corresponding precisely to the 8th of Rabi’ al-Awwal, 1369 AH, on a Wednesday—within the historic, time-honored confines of “Mir Manzil” in Mohalla Khyber, nestled deep in the heart of Gujrat’s historic town of Jalalpur Jattan, Arif Ali Mir’s life is far more than a conventional biographical sketch. It is a profound, sweeping narrative capturing the complex post-colonial socio-political contradictions of the Indian subcontinent, an unwavering, almost sacred custodianship of noble familial heritage, and an extraordinary odyssey of letters where every single chapter serves as a luminous metaphor for absolute sincerity, purity of intellectual purpose, and complete self-sufficiency. His esteemed father, Ghazanfar Hussain Mir, was a legendary, fiercely principled, and seasoned lawyer of his generation. His uncommon nobility, profound legal acumen, and distinguished, intellectual circle of acquaintances infused the deepest foundational layers of Arif Ali Mir’s character with a forged-steel morality that would remain his greatest, most unassailable asset throughout his life. Standing gracefully beside him was his mother, Ruqaiya Begum, an affectionate, deeply dignified woman who silently imprinted the enduring values of selfless sacrifice, patience, and unbreakable resilience upon the rearing of her children. Within this vibrant, intellectually charged household comprising four sisters and three brothers, Arif Ali Mir occupies a unique middle vantage: two elder sisters precede him in age, while all other siblings are younger. Driven eventually by the professional demands and expanding horizons of his father’s legal practice, the family made the permanent transition from Jalalpur Jattan to the bustling city of Gujrat, establishing their permanent domestic and intellectual anchor at “Mir Street” on Bhimber Road—a historic domicile that would organically evolve into a cherished sanctuary for scholars, jurists, and discerning bibliophiles alike. A deep, discerning psychological and biographical study of Mr. Arif Ali Mir’s versatile and multifaceted personality reveals that his arrival on December 28, 1949, was far from a mere statistical coincidence. According to the timeless principles of astrological configuration and character alignment, his zodiac sign, Capricorn, functions as a clear mirror to his intrinsic nature. Ruled by Saturn—the planetary archetype of profound gravity, timeless perseverance, and unyielding adherence to principle—these exact traits form the unmistakable, defining hallmark of Mr. Arif’s entire life. While Capricorns are universally recognized across traditions as grounded earth signs marked by relentless, grinding toil, Arif Sahib uniquely channeled this raw elemental energy into cultivating a veritable forest of arts, letters, and historical preservation upon the plains of Gujrat. The crowning virtue of his astrological archetype is structural discipline combined with penetrating foresight—qualities that naturally laid the bedrock of his early success in the legal arena, where he learned to dissect truth from falsehood with microscopic precision. Yet, the most captivating, transcendent facet of his persona is how he decisively transcended the traditional, narrow materialism often associated with his sign through a profound inner spiritual inclination. Operating as a fiercely devoted bibliophile and patron of learning, he redirected the formidable organizational capacity of the Capricorn psyche away from worldly accumulation and entirely toward the preservation of rare texts and the wide propagation of knowledge. Operating with the quiet, unostentatious efficiency characteristic of his sign, his personal dignity, fierce institutional loyalty, and immense intellectual depth render him a towering, sheltering tree on Gujrat’s literary horizon—its roots gripping ancient tradition, its uppermost branches illuminated by the clear light of universal wisdom. Mr. Arif Ali Mir’s educational journey is a rugged, continuous path strewn with dramatic twists, historical upheavals, and personal sacrifices that ultimately refined his character like crucible-tested gold. At the time of his earliest schooling, his father was stationed as the Chief Sanitary Inspector for the Sialkot Municipality, prompting Arif’s first three formative, sensory years of childhood to unfold within the disciplined, historic halls of the Convent of Jesus and Mary in Sialkot. Upon the family’s return to Jalalpur Jattan, he successfully completed his fifth and sixth grades at Islamia Primary School, subsequently transitioning to Islamia High School. When domestic circumstances necessitated a move to Gujrat, where the family initially settled in a rented house near Mohalla Gyanpura / Muslim Abad , he pursued his seventh and eighth grades at Muslim High School on Court Road. This institution was then under the stellar administrative helm of the eminent headmaster Master Ghulam Abbas. For his matriculation, he moved to Public High School No. 1 in Gujrat—administered with strict discipline by Headmaster Mirza Shaukat Ali and school owner Sheikh Shafqatullah—where he successfully passed his Matriculation examination in the watershed year of 1964. Following this, he completed his intermediate education at Sir Syed College on Railway Road, Gujrat, in 1966, before

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