Prime Minister Shehbaz Sharif on Monday said Pakistan is vigorously pursuing a comprehensive, homegrown economic reform agenda aimed at achieving sustainable economic stability.

He made the remarks during a meeting with World Bank Group President Ajay Banga, who called on him in Islamabad during his first official visit to Pakistan.

The prime minister acknowledged the World Bank Group’s long-standing support for Pakistan, particularly in resilient infrastructure, agribusiness, digital development, energy, human capital, fiscal reforms and the promotion of productive private investment for job creation and growth.

He said the government remains committed to structural reforms designed to unlock job-rich growth and strengthen investor confidence.

PM Shehbaz and Banga underscored the need to fast-track implementation of development projects and ensure strong oversight to deliver results at speed and scale, in line with the World Bank Group’s 10-year Country Partnership Framework (CPF).

The prime minister said improved execution would help address persistent implementation bottlenecks in development initiatives.

The premier also appreciated Banga’s leadership in repositioning the World Bank Group as a more impactful development partner.

Ajay Banga commended Pakistan’s ongoing reform efforts and reaffirmed the World Bank Group’s commitment to deepening cooperation through a “One World Bank Group” approach.

He said greater mobilisation of private capital, alongside close coordination with development partners, would be critical to meeting the government’s reform ambitions.