World Bank officials urge Pakistan to shift from stability to sustainable growth
World Bank Regional Practice Director Sandeep Mahajan met Finance Minister Muhammad Aurangzeb in Islamabad on Friday to discuss economic reforms and investment priorities.
Meeting focuses on reform agenda
The discussion centered on Pakistan's transition from stabilisation efforts to sustainable growth models. Representatives highlighted the importance of strengthening private-sector activity and investment flows. Mahajan commended the government for restoring macroeconomic stability and managing recent external pressures effectively.
Government priorities for future
Finance Minister Aurangzeb stated that making stability durable remains a top priority for the administration. The government aims to translate current gains into export-led growth through continued policy implementation. Officials noted that Pakistan has regained access to international capital markets via recent bond issuances.
Pathway for credit ratings
Minister Aurangzeb mentioned ensuring a clear pathway for further credit rating improvements as part of the agenda. The World Bank team emphasized sustaining gains through effective implementation of ongoing reforms. Both sides agreed on the need to generate employment opportunities for the youth.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Business Recorder
- Dawn
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