WB, IFC to continue support Pakistan

Author: Agencies

The World Bank (WB) and International Finance Corporation (IFC) here on Monday expressed resolve to continue support for Pakistan’s development goals and agendas for the welfare of the people of Pakistan.

According to press statement issued by finance ministry, Minister for Finance and Revenue, Muhammad Aurangzeb, was called on by WB Country Director, Najy Benhassine and Country Manager of International Finance Corporation (IFC), Zeeshan Ahmed Sheikh.

They discussed the collaborative development strategies and initiatives aimed at promoting economic growth, enhancing financial stability, and fostering sustainable development within the country. During the meeting, the importance of strengthening partnerships with international financial institutions like IFC and WB was highlighted. Discussion was done to leverage their expertise and resources for the country’s development agenda.

The minister highlighted the government’s commitment to creating an enabling environment for private sector investment and ensuring transparency and accountability in financial matters. Respective representatives from WB and IFC appreciated the efforts of the government aimed at bringing reforms in economic and financial sectors to ensure sustained economic growth in terms of expanding the tax base, state-owned enterprise (SOEs) restructuring and Privatization. They also discussed potential areas of cooperation and investment opportunities in various sectors, including agriculture, power sector, and IT.

Share
Leave a Comment

Recent Posts

  • Pakistan

Ahsan Iqbal urges Sindh govt to prioritise Karachi’s infrastructure

Planning Minister Ahsan Iqbal has urged the Sindh government to prioritise the development of Karachi's…

2 hours ago
  • Pakistan

CM Murad wants work on uplift projects expedited

Sindh Chief Minister Syed Murad Ali Shah presided over a joint meeting of the P&D,…

3 hours ago
  • Pakistan

PPP won’t compromise on controversial canal project: Memon

Sindh Senior Minister Sharjeel Inam Memon has declared that the Pakistan Peoples' Party (PPP) will…

3 hours ago
  • Pakistan

Funeral prayer for two cops held in Larkana

The funeral prayers of two brave sons of the Sindh Police, who sacrificed their lives…

3 hours ago
  • Pakistan

Cop martyred in Karachi gun attack

A police constable embraced martyrdom when unidentified accused opened fire on him in Karachi on…

3 hours ago
  • Pakistan

K2 Airways partners with Chinese firm for logistic cooperation

K2 Airways, Pakistan's newest cargo carrier, is pleased to announce a landmark partnership with Kashi…

3 hours ago