Islamabad:Finance Minister Muhammad Aurangzeb held a meeting with representatives from the World Bank, including the Regional Practice Director for Prosperity Vertical for the Middle East, North Africa, Afghanistan, and Pakistan, in Islamabad today.
According to Radio Pakistan, the meeting focused on Pakistan's economic reform agenda, emphasizing the transition from stabilization to sustainable growth. Discussions included priorities for strengthening investment and private-sector activity, with policy continuity highlighted as essential for sustained economic progress.
The Finance Minister and World Bank representatives exchanged views on the government's growth and jobs agenda, exploring opportunities to enhance private-sector investment, improve the regulatory environment, and mobilize financing for infrastructure projects. The conversation also covered privatisation, regulatory frameworks, and credible post-privatisation arrangements.
Both parties reaffirmed the significance of continued cooperation between Pakistan and the World Bank, focusing on sustaining macroeconomic stability, advancing structural reforms, and enhancing policy continuity. The goal is to translate reform gains into investment, employment, and improved economic opportunities for the people of Pakistan.
Sandeep Mahajan congratulated Pakistan for restoring macroeconomic stability and commended the government's effective management of the recent crisis due to regional conflict. He acknowledged that stabilization efforts and timely policy responses have helped Pakistan manage external pressures. The World Bank representatives stressed the importance of sustaining these gains through continued reforms and effective implementation.