Pakistan drives key sector reforms with World Bank

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MG News | February 25, 2026 at 12:05 PM GMT+05:00

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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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