The World Bank has reaffirmed its commitment to Pakistan’s ten-year development program amounting to 20 billion dollars.
This resolve was expressed by Managing Director of the World Bank Group Ms. Anna Bjerde with Finance Minister Muhammad Aurangzeb in Saudi Arabia today.
The meeting was held on the sidelines of the Annual AlUla Conference for Emerging Market Economies, being held in the Kingdom.
Both the sides reviewed progress, made under the Country Partnership Framework and discussed the way forward to further strengthen development cooperation.
The discussions covered a range of priority sectors including energy, education, health, climate resilience, debt-for-development swaps, fiscal reforms, and infrastructure development.
Emphasis was placed on adopting a more focused approach, introducing clear performance trackers, and ensuring more robust and effective implementation mechanisms to translate commitments into tangible outcomes.
Muhammad Aurangzeb reiterated Pakistan’s commitment to close collaboration with the World Bank Group and assured full cooperation through relevant federal ministries.
