The World Bank has approved a $70 million financing package for the Connected Punjab Program, targeting the expansion of broadband infrastructure and digital public services in the Pakistani province.
The initiative is designed to increase internet connectivity for millions of residents while accelerating the adoption of cashless transactions and digital financial services.
The funding focuses on bridging the digital divide in Punjab, which is home to the majority of Pakistan's population.
By enhancing broadband access, the program seeks to improve the efficiency of public service delivery and foster a more inclusive digital economy.
The move aligns with broader regional efforts to modernize infrastructure and support economic resilience through technology.
This approval adds to the World Bank's extensive portfolio in South Asia.