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World Bank proposes export-finance products for Pakistan’s EXIM Bank

The World Bank has proposed developing export-finance products for the Export-Import Bank of Pakistan (EXIM Bank) to support incremental trade flows, as the government and global lender reviewed measures to boost investment, exports and private-sector growth. The development came during a meeting between Finance Minister Muhammad Aurangzeb and a World Bank delegation led by Bolormaa Amgaabazar,…

World Bank proposes export-finance products for Pakistan’s EXIM Bank

The World Bank has proposed developing export-finance products for Pakistan's Export-Import Bank (EXIM Bank) to support incremental trade flows. This proposal was discussed during a meeting between Finance Minister Muhammad Aurangzeb and a World Bank delegation led by Bolormaa Amgaabazar. The World Bank outlined proposed measures relating to the investment framework, reduction of regulatory and business constraints, and access to finance for SMEs.

The meeting also reviewed initiatives to strengthen skills development and labour-market alignment, including improvements in the national vocational qualifications framework, greater international recognition of skills, and development of formal overseas migration pathways supported by digital platforms.

Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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