Discusses dedication to deepening cooperation below the ‘One World Financial institution Group’ initiative
World Financial institution Group President Ajay Banga calls on Prime Minister Shehbaz Sharif PHOTO: PID
Prime Minister Shehbaz Sharif met World Financial institution Group (WBG) President Ajay Pal Singh Banga in Islamabad on Monday, welcoming him on his first official go to to Pakistan as WBG President.
Banga is on a four-day high-level go to, touring a number of official and cultural websites. His go to started on February 1 and can proceed till February 4. Throughout his keep, he’s scheduled to satisfy Prime Minister Shehbaz Sharif, Deputy Prime Minister Ishaq Dar, Federal Minister for Finance Muhammad Aurangzeb, and different senior officers. Discussions are anticipated to give attention to financial reforms, improvement cooperation, and regional initiatives.
In keeping with an announcement from the Prime Minister’s Workplace, Shehbaz Sharif highlighted the long-term partnership between Pakistan and the World Financial institution Group, praising its dedication to supporting the nation’s improvement priorities. He additionally recommended the ten-year World Financial institution Group Nation Partnership Framework (CPF), describing it as a mannequin of cooperative initiatives, and acknowledged Banga’s management in strengthening the WBG’s function as an efficient improvement accomplice for Pakistan.
“Pakistan values the World Financial institution Group’s vital assist within the nation’s financial progress and reforms,” the prime minister stated.
He added that the federal government is totally dedicated to a complete, multi-dimensional reform programme tailor-made to nationwide wants to attain sustainable financial stability. “We worth the World Financial institution Group’s assist in strengthening infrastructure, agribusiness, digital improvement, vitality, human capital, monetary reforms, employment era, and personal sector funding,” the assertion learn.
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Each the prime minister and Banga emphasised that the CPF ought to guarantee speedy implementation of aligned priorities and efficient monitoring to attain well timed and large-scale outcomes. PM Shehbaz famous that these steps would assist overcome obstacles in improvement mission execution and align together with his imaginative and prescient for progress.
The prime minister additionally reaffirmed his dedication to complete administrative reforms aimed toward selling employment-based financial progress and additional strengthening investor confidence.
Banga thanked the prime minister for the nice and cozy welcome and hospitality and praised Pakistan’s ongoing reform efforts. “We’re dedicated to deepening cooperation below the ‘One World Financial institution Group’ initiative. Attaining the federal government’s reform agenda requires shut coordination with improvement companions and extra environment friendly use of personal sources,” he stated.
The assembly underlined the shared aim of guaranteeing that Pakistan’s improvement programmes are delivered successfully and sustainably, with each side committing to shut collaboration over the following decade.
