Pakistan urges IsDB to turn $5.6bn indicative financing envelope into concrete project pipeline

PSX Update • Oct 16, 2026

Pakistan has urged the Islamic Development Bank (IsDB) Group to convert the roughly US$5.6 bn in indicative financing planned under the Member Country Partnership Strategy (MCPS) 2026–2030 into a concrete pipeline of well-prepared projects, with clea

October 16, 2026 (MLN): Pakistan has urged the Islamic Development Bank (IsDB) Group to convert the roughly US$5.6 bn in indicative financing planned under the Member Country Partnership Strategy (MCPS) 2026–2030 into a concrete pipeline of well-prepared projects, with clear timelines for financing approvals, disbursements and implementation. Islamabad also sought stronger IsDB backing for the ML-1 Railway Upgradati...