Federal Minister for Climate Change and Environmental Coordination Senator Dr Musadik Malik on Wednesday held a meeting with a World Bank delegation led by Country Director for Pakistan Melormaa Amgaabazar and Gallius Draugelis.<\/p>\n
Discussions focused on the underlying causes of Pakistan\u2019s macroeconomic instability and inflationary pressures, as well as strategies to improve the effectiveness of development projects.<\/p>\n
Dr Malik observed that one of Pakistan\u2019s major challenges lies in the presence of tactical hurdles in project implementation, which delay progress and limit impact.
\nHe emphasised the need for strategic clarity, noting that many current initiatives are high in cost but low in skill intensity, scalability and long-term sustainability.
\n\u201cOur focus must be on projects that are both scalable and sustainable, capable of delivering large-scale benefits to the people,\u201d the minister stressed.
\nHe further highlighted that diverting development funds from critical social sectors\u2014such as education, population welfare, women\u2019s empowerment and health\u2014creates systemic inefficiencies and weakens national priorities.
\nThe World Bank delegation reaffirmed its commitment to Pakistan, outlining a 10-year engagement framework focusing on six key areas: stunting reduction, climate resilience, private sector growth, education, population management and energy sector reform.
\nThe delegation also presented the Country Partnership Framework (FY26\u2013FY35), the result of two years of consultations defining the strategic roadmap for the Bank\u2019s partnership with Pakistan.
\nBoth sides agreed to enhance coordination to ensure effective implementation and alignment with Pakistan\u2019s climate and development goals.<\/p>\n","protected":false},"excerpt":{"rendered":"
Federal Minister for Climate Change and Environmental Coordination Senator Dr Musadik Malik on Wednesday held a meeting with a World Bank delegation led by Country Director for Pakistan Melormaa Amgaabazar and Gallius Draugelis. Discussions focused on the underlying causes of Pakistan\u2019s macroeconomic instability and inflationary pressures, as well as strategies to improve the effectiveness of […]<\/p>\n","protected":false},"author":2,"featured_media":514137,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-514127","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national"},"yoast_head":"\n