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  "path": "/latest/finance-minister-world-bank-review-pakistans-reform-agenda-fbr-transformation/",
  "publishedAt": "2026-05-18T11:53:51.000Z",
  "site": "https://humenglish.com",
  "tags": [
    "Latest",
    "Pakistan",
    "Finance minister, World Bank review Pakistan’s reform agenda, FBR transformation",
    "HUM News English"
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  "textContent": "ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb on Monday held a meeting with a World Bank delegation led by Bolormaa Amgaabazar to review Pakistan’s ongoing economic reforms and institutional transformation agenda.\n\nDuring the meeting held at the Finance Division, the finance minister appreciated the World Bank’s continued support for Pakistan’s economic reform efforts and institutional development initiatives.\n\nThe two sides reviewed progress on several reform programs and technical assistance initiatives, including public financial management reforms, institutional capacity building, debt management and private sector development.\n\nDiscussions also focused on implementation timelines, coordination mechanisms and operational arrangements linked to reform initiatives being supported by the World Bank.\n\nAurangzeb stressed the need for technical assistance programs to remain focused and aligned with clearly defined reform goals. He said the government preferred high-quality international expertise and practical implementation support aimed at strengthening institutional capacity within the public sector.\n\nThe minister also highlighted the government’s ongoing efforts to transform the Federal Board of Revenue (FBR) through reforms based on people, processes and technology. He said progress was being made in automation, digitization, simplification of procedures and technology-driven monitoring systems.\n\nThe World Bank team shared updates regarding its technical support related to the Medium-Term Revenue Strategy (MTRS), Tax Policy Office (TPO) and FBR reforms.\n\nBoth sides also discussed broader structural reforms aimed at promoting sustainable and export-oriented economic growth, including regulatory reforms, trade facilitation, export competitiveness, access to credit markets and capital market development.\n\nAurangzeb emphasised the government’s focus on deepening domestic debt and capital markets, reducing dependence on bank financing and expanding market-based financing avenues.\n\nThe meeting further discussed labor market reforms, vocational skills development, overseas employment opportunities and workforce competitiveness.\n\nThe finance minister appreciated the World Bank’s continued engagement and reaffirmed the government’s commitment to advancing Pakistan’s economic reform agenda and strengthening institutional capacity for sustainable economic growth.\n\nThe post Finance minister, World Bank review Pakistan’s reform agenda, FBR transformation appeared first on HUM News English.",
  "title": "Finance minister, World Bank review Pakistan’s reform agenda, FBR transformation"
}