Global organizations commit to support Pakistan’s economic initiatives

Prominent international financial institutions such as the Asian Development Bank (ADB), International Finance Corporation (IFC), and World Bank (WB) have pledged their backing for Pakistan’s endeavours to achieve economic stabilisation via structural adjustments, digital conversion, and privatisation endeavours.
The guarantee was given during informal talks between leaders and officials of international lending organisations and Federal Minister for Finance and Revenue Muhammad Aurangzeb, who is leading a Pakistani delegation to the IMF and World Bank-2024 Spring Meetings in Washington, DC.
In an interview with WB Group President Ajay Banga, the finance minister expressed gratitude for the bank’s ongoing assistance to Pakistan in carrying out its development programme and emphasised the government’s will to push through important reforms in the energy, tax, and privatisation sectors.
He emphasised how crucial digital technologies are to improving governance.