Pakistan drives key sector reforms with World Bank
MG News | February 25, 2026 at 12:05 PM GMT+05:00
February 25, 2026 (MLN): Pakistan is working to strengthen national development priorities, including population management, climate resilience, agriculture sector reforms, energy sustainability, and human capital development.
Federal and provincial coordination has been emphasized to
ensure coherent policy design, effective implementation, and robust monitoring
of development programs.
Highlighted the importance of aligning provincial
initiatives with broader national reforms to promote sustainable growth,
productivity, and job creation, according to the press release.
The Country Director of the World Bank for Pakistan, Ms.
Bolormaa Amgaabazar, called on Federal Minister for Finance and Revenue,
Senator Muhammad Aurangzeb, at the Finance Division today.
The meeting reviewed progress under the World Bank’s Country
Partnership Framework (CPF) and focused on key reform priorities, including
portfolio performance, human capital development, climate resilience,
agriculture sector reforms, energy sector sustainability, and financial
viability.
During discussions, both sides exchanged views on enhancing
institutional coordination, improving transparency in project design and
target-setting, and strengthening monitoring mechanisms to achieve intended
outcomes.
The Finance Minister stressed that while implementation
largely rests with the provinces, federal ministries must remain fully engaged
in planning, oversight, and monitoring to ensure national alignment and
ownership.
Agriculture sector reforms received particular attention,
focusing on improving productivity, value chains, access to finance, and
private sector participation.
The World Bank reaffirmed its support for agricultural
transformation initiatives, including collaboration with the International
Finance Corporation (IFC), to advance sustainable growth and job creation.
Energy sector reforms and financial sustainability were also
discussed, with both sides agreeing to continue technical-level engagements to
explore feasible solutions in line with Pakistan’s fiscal framework.
The Country Director briefed the Finance Minister on the
overall portfolio performance and ongoing development operations.
Reaffirmed the World Bank’s commitment to supporting
Pakistan’s economic stabilization and structural reforms.
The discussion also highlighted the Bank’s focus on human
capital development and climate resilience objectives.
The Finance Minister appreciated the World Bank’s
partnership and reiterated the Government’s commitment to advancing structural
reforms.
He also emphasized improving governance frameworks and
ensuring that development programs deliver tangible and sustainable benefits
for the people of Pakistan.
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