PM Shehbaz highlights Pakistan’s bold economic reform drive in meeting with WB President Ajay Banga 

Islamabad (Web Desk): Prime Minister Shehbaz Sharif has highlighted Pakistan’s determined push toward economic reforms, unveiling a comprehensive, homegrown program designed to ensure long-term stability and growth.

He made these remarks during a meeting with World Bank Group President (CPF) Ajay Banga, who visited Islamabad on Monday.

During the discussion, the prime Minister expressed gratitude for the World Bank Group’s continued support in areas such as resilient infrastructure, agribusiness, digital transformation, energy, human capital development, fiscal reforms, and measures to encourage productive private sector investment aimed at generating employment and stimulating economic growth.

The two sides emphasized the urgent need to accelerate the execution of development projects aligned with the Country Partnership Framework, while maintaining strong oversight to ensure tangible results at a faster pace.

These steps, they agreed, would support the Prime Minister’s efforts to overcome implementation challenges in key development initiatives.

PM Shehbaz reaffirmed the government’s commitment to structural reforms that promote job-rich growth and strengthen investor confidence in Pakistan.

Ajay Banga praised the country’s ongoing reform efforts and assured continued support through a coordinated, One World Bank Group approach.

Ajay Banga expressed his gratitude to the prime minister for his reception and hospitality in Pakistan.

Ajay Banga commended Government of Pakistan’s ongoing reform efforts and reaffirmed his commitment to deepening cooperation through a One World Bank Group approach.

He added that greater leverage of private resources, in addition to strong coordination with development partners, was necessary to meet the ambition of the government’s reform agenda.