A follow-up discussion occurred in Islamabad between Finance Minister Muhammad Aurangzeb and the World Bank team to deliberate on Pakistan’s National Growth and Fiscal Program within the 10-year country partnership framework, which includes commitments of 20 billion dollars.
The framework emphasizes critical development sectors such as Health, Education, Climate Resilience, and sustainable growth.
During the discussion, Minister Aurangzeb underscored the necessity for a holistic and cohesive strategy for fiscal, trade, and private sector reforms that encompasses both Federal and Provincial levels.
He emphasized the significance of formulating reforms that are motivated by outcome-based and performance-based metrics directly associated with human development and socio-economic advancement.
The Finance Minister emphasized that a nationally coordinated strategy, as demonstrated by the national fiscal accord, is essential for maintaining macroeconomic stability.
He emphasized that this cohesive strategy will be fundamental for realizing the nation’s goals of inclusive and sustainable economic growth, while safeguarding the welfare of all citizens.
