FinMin pledges collaboration with development partners for SDGs

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MG News | March 11, 2025 at 01:36 PM GMT+05:00

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March 11, 2025 (MLN): Pakistan has reaffirmed its commitment to working with development partners, including the United Nations, to achieve the SDGs and build a resilient, sustainable future, stated Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb.

He was talking to a delegation led by United Nations Resident Coordinator Mohammed Yahya in Islamabad.

The discussion covered key issues such as debt management, debt restructuring, climate financing, sustainable development goals (SDGs), and Pakistan’s transition to green energy.

The meeting was also attended by UNICEF Representative to Pakistan Abdullah Fadil, Head of the UN Resident Coordinator Office Afke Bootsman, and UNFPA Representative Dr. Luay Shabaneh.

During the meeting, the Minister emphasized the importance of technical support from development partners in designing and implementing bankable and investable projects that align with international monitoring and reporting standards.

He also highlighted Pakistan’s ongoing collaboration with the World Bank, particularly in the areas of population management and learning poverty, as part of the 10-year Country Partnership Framework.

He reiterated Pakistan’s commitment to effectively addressing these challenges with the necessary technical and financial assistance.

Providing an update on the country’s economic outlook, Aurangzeb noted signs of stability and improvement in key economic indicators.

He reaffirmed the government's focus on an export- and productivity-driven growth model, carefully managed to prevent past boom-and-bust cycles.

The Minister underscored the crucial role of the private sector in fostering inclusive, durable, and sustainable economic growth, as per the press release issued today.

The meeting further explored opportunities for expanding climate financing and advancing green energy initiatives to support Pakistan’s shift toward a more sustainable energy future.

Additionally, discussions were held on equipping Pakistan's youth with entrepreneurial skills to drive long-term economic growth.

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