The World Bank has approved $700 million for Pakistan to support macroeconomic stability and public service delivery. The financing is part of the Pakistan Public Resources for Inclusive Development program. The multi-year initiative aligns with Pakistan’s IMF-backed reform agenda. The program uses a multiphase approach to improve spending quality and fiscal transparency. Moreover, it aims […]
Pakistan macroeconomic stability
Aurangzeb stresses stronger buffers to protect Pakistan’s economy
Finance Minister Muhammad Aurangzeb said Pakistan needs stronger fiscal and external buffers to face global uncertainties. He highlighted geopolitical tensions, trade fragmentation, and supply chain adjustments as key risks. Aurangzeb stressed the government is working to ensure macroeconomic stability remains intact. Addressing an event on Wednesday, Aurangzeb said Pakistan, like other emerging markets, is on […]