The World Bank’s Board of Executive Directors has approved a $70 million financing package for the Connected Punjab Programme, aimed at expanding broadband infrastructure and digital public services in Pakistan’s most populous province.
The initiative focuses on improving internet access, enhancing digital service delivery, and promoting cashless transactions across the region.
According to Brecorder, the funding is designed to support the province’s digital transformation efforts.
This development aligns with broader international support for Pakistan’s digital economy.
The programme seeks to bridge connectivity gaps and modernize public service infrastructure, which could have implications for local technology providers and financial services firms operating in the region.
The approval marks a step forward in the World Bank’s engagement with Pakistan’s provincial development projects, emphasizing digital inclusion and economic modernization.