The Minister of Finance informs the World Bank about financial prospects, reform agenda

Finance Minister Muhammad Aurangzeb on Wednesday presented Pakistan’s financial perspective and describes in detail his government’s agenda at a World Bank delegation (WB), underlining continuing efforts to restructure the basic sectors and promotion.

The minister described structural reforms aimed at improving revenue mobilization, implement energy reforms, restructuring state -owned enterprises (SOES) and promote privatization.

“The government has no business to be in the business. We are committed to securing an environment -friendly environment where the private sector takes over the leadership of economic development,” Aurangzeb said, underlining the importance of budgetary discipline by controlling costs and spending and spending control. Expanding the tax base.

During the meeting, Aurangzeb thanked the World Bank for its ongoing support, in particular for the launch of the Company Framework (CPF) 2026-35, which commits an unprecedented 20 billion dollars to support its growth priorities .

The WB delegation praised the government’s agenda, noting that Pakistani’s efforts had produced positive results. According to the Ministry of Finance, the delegation said:

“Your [incumbent] The government has succeeded in touching every major aspect of the economy and things seem to be possible now if you stay along the way. ”

They also stressed that Pakistan’s structural reforms were critical to long -term economic stability and sustainable development, confirming their commitment to Pakistan’s support through technical expertise and priority.

The discussions were concluded with the proposal for a structured framework for development partners, with the aim of ensuring better coordination and maximize the impact. Aurangzeb underlined the need for technical support, stating:

“We have enough financial support and assistance. What we really need now is know -how and technical support to make the most of it.”