Pakistan and the World Bank have agreed to strengthen cooperation on development priorities, economic stability, and climate-related goals. The agreement followed a meeting between Finance Minister Muhammad Aurangzeb and the World Bank Country Director in Islamabad. Moreover, both sides confirmed continued support for structural reforms aimed at improving governance and long-term resilience. During the discussions, […]
economic resilience
Pakistan secures $800 million ADB support for fiscal reform
In a major financial boost, the Asian Development Bank (ADB) has approved an $800 million package to support Pakistan’s economic reform efforts. The “Improved Resource Mobilization and Utilization Reform Program (Subprogram 2)” aims to improve fiscal sustainability, strengthen public financial management, and drive long-term economic resilience. The package includes a $300 million policy-based loan and […]