World Bank proposes $200 million loan for Khyber Pakhtunkhwa fiscal reform
The World Bank has proposed a $200 million loan to support a six-year fiscal reform programme in Khyber Pakhtunkhwa starting in fiscal year 2027.
Funding structure and timeline
The total project cost is estimated at $650 million, with the provincial government contributing $450 million. The World Bank financing includes a $100 million credit and another $100 million loan from the International Development Association. This funding will cover revenue mobilisation and fiscal management for the province over six years.
Targeted service improvements
Reforms aim to improve public services in health and education sectors across the region. The programme targets an increase in own-source tax revenue from Rs64 billion to Rs122 billion by June 2031. Technical assistance will support these efforts in merged districts and former Provincially Administered Tribal Areas.
Beneficiaries of the plan
Approximately 41 million residents are expected to benefit from better-resourced public services under this initiative. Direct recipients include those accessing improved healthcare facilities and educational institutions within the province.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Dawn
- Business Recorder
Reported by
2 independent outlets. Headlines as published. Links open the original report.