Manila: The Asian Development Bank (ADB) has introduced a new country partnership strategy for Pakistan, outlining a comprehensive plan to drive sustainable and inclusive growth in the nation from 2026 to 2030. The strategy emphasizes private sector-led development, aiming to address structural challenges and create economic opportunities across the country.
According to Asian Development Bank, the strategy will focus on three primary pathways: enabling private sector development, advancing inclusion and empowerment, and enhancing resilience and sustainability. These efforts will be underpinned by themes such as good governance, institutional strengthening, gender equality, digital transformation, and regional cooperation. ADB Country Director for Pakistan Emma Fan noted that the strategy is designed to foster economic growth and job creation through strategic investments and reforms.
Pakistan’s recent stabilization of macroeconomic conditions and the initiation of structural reforms set the stage for the new strategy. ADB’s plans highlight the importance of export- and investment-led growth, improved public financial management, and an enabling business environment. The strategy identifies key sectors for transformative opportunities, including critical minerals, multimodal connectivity, energy security, agricultural productivity, and skills development.
To tackle emerging challenges, ADB will implement integrated solutions, combining policy reforms, financing, technical assistance, and knowledge support. The strategy emphasizes strengthening human capital, expanding access to social services, and promoting women’s economic participation to advance inclusion and empowerment.
Given Pakistan’s vulnerability to extreme weather, resilience and sustainability are central to the strategy. ADB will support initiatives in disaster risk management, climate change adaptation, integrated water resource management, and improving food security and air quality. The strategy aligns with Pakistan’s National Economic Transformation Plan and ADB’s Strategy 2030 Midterm Review, and emphasizes collaboration with the World Bank, IMF, and other partners.
ADB, a founding member of Pakistan since 1966, has provided substantial financial support to the country, committing $58.6 billion in loans, grants, and technical assistance. The bank continues to play a crucial role in promoting inclusive, resilient, and sustainable growth in the Asia-Pacific region.