Economic reforms: Aurangzeb lauds World Bank’s continued engagement

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Monday met a World Bank team led by Ms Bolormaa Amgaabazar, Country Director for the World Bank in Pakistan.

During the meeting, the Finance minister appreciated the World Bank’s continued engagement with Pakistan on economic reforms and institutional development.

He acknowledged the World Bank’s support across key reform areas and emphasized the importance of close coordination and technical collaboration to support implementation of the government’s economic priorities and reform agenda.

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The meeting reviewed progress on a range of ongoing reform initiatives and technical assistance programs being supported by the World Bank, including public financial management reforms, institutional capacity building, debt management, and private sector development.

Discussions also covered implementation timelines, coordination mechanisms, and operational arrangements relating to various reform-linked initiatives and technical support programs.

The Finance minister emphasized the importance of ensuring that technical assistance programs remain focused, specialized, and aligned with clearly defined reform objectives.

He underlined the government’s preference for high-quality international expertise, practical implementation support, and knowledge transfer aimed at strengthening institutional capacity within the public sector.

Copyright Business Recorder, 2026