ISLAMABAD: Finance Minister Muhammad Aurangzeb has underscored the government’s commitment to structural reforms and transparency initiatives.
He was speaking at a meeting in Islamabad today with a World Bank team headed by Country Director Ms Bolormaa Amgaabazar to review ongoing collaboration and discuss priority areas under the World Bank’s Country Partnership Framework with Pakistan.
The Minister underscored the need for market-driven vocational and technical training, closer public-private collaboration, and alignment of skills development with domestic and overseas labour market demand.
During the meeting, the World Bank team briefed the Finance Minister on the progress of ongoing operations and projects including recent developments in fiscal and revenue reforms, macroeconomic stabilization efforts, and policy-based engagements.
It was acknowledged that Pakistan has made progress toward macroeconomic stability through prudent fiscal and monetary policies.
The World Bank proposed a results-based approach with clearly defined policy milestones, performance indicators, and targeted technical assistance to support implementation.
Sectoral priorities including digital services exports, agriculture and agribusiness, minerals and mining, healthcare, and selected manufacturing segments were also discussed as potential focus areas for future World Bank-supported operations.
The meeting agreed to continue technical-level engagements to further refine priorities, narrow the scope of proposed interventions, and advance preparation of future World Bank-supported programs in line with Pakistan’s reform agenda and the objectives of the Country Partnership Framework.
