World Bank and IFC reaffirm support for Pakistan's development goals, praising government reforms and discussing potential investment opportunities.

The World Bank (WB) and IFC have reaffirmed their support for Pakistan's development goals and agendas, discussing collaborative strategies and initiatives to promote economic growth, financial stability, and sustainable development. During a meeting with Finance Minister Muhammad Aurangzeb in Islamabad, the organizations praised the government's efforts to bring reforms in economic and financial sectors, such as expanding the tax base, restructuring state-owned enterprises, and privatization. Potential areas of cooperation and investment opportunities in sectors like agriculture, power, and IT were also discussed.

April 01, 2024
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