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WB urges Pakistan to shift from stability to growth

WORLD Bank official Sandeep Mahajan meets Finance Minister Muhammad Aurangzeb.—X/ @Financegovpk • Calls for stronger investment, private sector activity • Aurangzeb stresses need to strengthen investor confidence ISLAMABAD: In what appears to be a push towards accelerating growth, the World Bank has advised Pakistan to move from stabilisation to sustainable growth, with a focus on strengthening…

WB urges Pakistan to shift from stability to growth

World Bank official Sandeep Mahajan met with Pakistan's Finance Minister Muhammad Aurangzeb, discussing the country's transition from stabilisation to sustainable growth. Mahajan praised Pakistan for restoring macroeconomic stability and urged the government to build upon this success by strengthening investment and private sector activity.

Aurangzeb emphasized the need to secure further credit rating upgrades, improve investor confidence, and strengthen Pakistan's sovereign credit profile. The World Bank and the government agreed on the importance of policy continuity, addressing external vulnerabilities, and creating a predictable policy environment to attract private sector investment and drive sustainable economic growth.

Written by urgent.news from Dawn - Pakistan's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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