World Bank has expressed the readiness to extend technical assistance and financial support to facilitate Pakistan in achieving its developmental objectives.

This was stated by South Asia Regional Vice President of the World Bank Martin Raiser during his meeting with Finance Minister Muhammad Aurangzeb in Islamabad.

The Finance Minister briefed Martin Raiser on the macro-economic situation of the country and efforts of the government for stabilization of the economy.

The Finance Minister outlined the Government’s priority reform areas including increasing the tax to GDP ratio, reducing the costs in energy sector, SOE reforms, privatization and human capital development.

The Finance Minister requested the World Bank Vice President to align country partnership framework with the priority reform areas of our government.

Martin Raiser said the World Bank Group will provide necessary support to the government in implementing its reform agenda.

Source: Radio Pakistan