Pakistan, World Bank agree on 10-year framework plan

MG News | April 17, 2024 at 10:14 AM GMT+05:00

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April 17, 2024 (MLN): Pakistan and the World Bank have agreed on the need for a rolling country framework plan for 10 years, said a statement issued by the Finance Ministry on Tuesday.

Finance Minister Muhammad Aurangzeb, who is leading a Pakistan delegation in the International Monetary Fund (IMF) and World Bank-2024 Spring Meetings in Washington DC met the President of World Bank Group Ajay Banga.

The minister highlighted Pakistan's progress under the 9-month SBA program and ongoing reforms in the priority sectors of taxation, energy, and privatization.

The World Bank president assured its full support for Pakistan's reforms and digitization program to stabilize the economy and increase revenue.

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