World Bank reaffirms $20bn development plan for Pakistan

Islamabad (Manend News Desk) World Bank Group Managing Director Ms Anna Bjerde has reaffirmed the World Bank Group’s commitment to Pakistan’s ten-year development programme amounting to $20 billion, underscoring the money lending entity’s continued support for Pakistan’s reform and development agenda.

The World Bank MD said this in a meeting with Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Sunday on the sidelines of the Annual AlUla Conference for Emerging Market Economies, being held in the Kingdom of Saudi Arabia, the Finance Division said in a press release, as both the dignitaries discussed country partnership framework and development priorities.

During the meeting, while following up on World Bank President Ajay Banga’s visit to Pakistan last week, Bjerde highlighted the importance of sustained engagement and effective execution to maximise the developmental impact of the programme.

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