Following the World Bank’s recent commitment to providing Pakistan with $20 billion in loans over the next decade, a high-level delegation from the International Finance Corporation (IFC) has arrived in Islamabad to assess investment opportunities.
As the private-sector arm of the World Bank Group, the IFC plays a pivotal role in supporting economic growth in emerging markets. The delegation is led by Managing Director Makhtar Diop, who is engaging with key stakeholders to explore potential areas for collaboration.
During discussions with IFC representatives, Pakistan’s finance minister, Aurangzeb, outlined the country’s macroeconomic stability, highlighting improvements in both debt and equity markets, along with significant structural reforms undertaken by the government.
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According to the Pakistani finance ministry, Diop acknowledged these reform efforts and noted the confidence expressed by private-sector stakeholders in the government’s policies. He also praised Pakistan’s Country Partnership Framework (CPF) with the World Bank, describing it as a global benchmark for best practices.
Reaffirming the IFC’s commitment to Pakistan, Diop emphasized the organization’s support in critical sectors, including green energy, data centers, agricultural supply chains, telecommunications, and digital transformation.
