Federal Minister for Climate Change and Environmental Coordination, Senator Dr. Musadik Malik, held a meeting today with a World Bank delegation led by Melormaa Amgaabazar, Country Director for Pakistan, and Gallius Draugelis.<\/p>\n
The meeting centered on the factors contributing to Pakistan\u2019s macroeconomic instability and inflationary pressures. Dr. Malik highlighted that one of the key challenges faced by Pakistan is the presence of tactical hurdles in project implementation, which often delay progress and diminish impact.<\/p>\n
The Minister stressed the need for strategic clarity and noted that many current development projects are high-budget but low-skill, lacking scalability and cost-efficiency. \u201cOur focus must be on projects that are both scalable and sustainable, capable of delivering large-scale benefits to the people,\u201d he emphasized.<\/p>\n
He further pointed out that the repurposing of development funds away from their intended sectors, such as education, population welfare, women empowerment, and health, creates long-term systemic inefficiencies and undermines national priorities.<\/p>\n
The World Bank delegation reaffirmed its commitment to Pakistan, outlining a 10-year engagement framework across six key areas: stunting reduction, climate resilience, private sector development, education, population management, and energy sector reform.<\/p>\n
During the meeting, the World Bank also presented the Country Partnership Framework (FY26\u2013FY35), which is a culmination of two years of extensive consultations defining the strategic roadmap for the institution\u2019s collaboration with Pakistan. Both sides discussed ongoing and prospective projects under this framework, agreeing to enhance coordination to ensure effective delivery and alignment with Pakistan\u2019s climate and development priorities.<\/p>\n","protected":false},"excerpt":{"rendered":"
Federal Minister for Climate Change and Environmental Coordination, Senator Dr. Musadik Malik, held a meeting today with a World Bank delegation led by Melormaa Amgaabazar, Country Director for Pakistan, and Gallius Draugelis. The meeting centered on the factors contributing to Pakistan\u2019s macroeconomic instability and inflationary pressures. Dr. Malik highlighted that one of the key challenges […]<\/p>\n","protected":false},"author":1,"featured_media":68624,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30,16],"tags":[177],"ppma_author":[],"class_list":{"0":"post-68623","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-latest","8":"category-pakistan","9":"tag-lead5"},"yoast_head":"\n