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…
In a recent meeting, World Bank official Sandeep Mahajan met with Pakistan's Finance Minister Muhammad Aurangzeb. The World Bank urged Pakistan to transition from stabilisation to sustainable growth, emphasizing the need to strengthen investment and private sector activity. This marks the second endorsement from the international financial institution, following its recent commendation of Pakistan's stabilisation programme.
The focus of the discussion was on transitioning Pakistan's recent macroeconomic stability into durable growth, driven by private investment and exports. Both sides reaffirmed the importance of continued cooperation to sustain macroeconomic stability, advance structural reforms, and translate reform gains into improved economic opportunities.
Written by urgent.news from Dawn's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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