Pakistan and World Bank Pledge Stronger Social Protection Ties Amid Middle East Conflict Fallout

Both sides agree to strengthen social safety nets and develop comprehensive Master Plan to address demographic challenges

April 13, 2026 at 10:14 PM
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WASHINGTON, USA: Pakistan’s Finance Minister Senator Muhammad Aurangzeb has secured a key commitment from the World Bank to help Islamabad develop a comprehensive Master Plan addressing the nation’s demographic challenges, as he opened Pakistan’s engagements at the Spring Meetings 2026.

During his meeting with World Bank Managing Director Anna Bjerde, in Washington D.C, Aurangzeb also reinforced the need for stronger social safety nets to protect millions of vulnerable citizens from the economic ripple effects of the ongoing Middle East conflict. The two leaders reviewed Pakistan’s reform agenda and agreed on a coordinated federal-provincial strategy to ensure long-term stability.

Appreciation for World Bank’s continued support

The Finance Minister expressed gratitude for the World Bank Group’s longstanding assistance to Pakistan’s reform and development agenda. The two leaders examined Pakistan’s economic outlook, including the management of first and second-order effects stemming from the ongoing conflict in the Middle East.

Focus on social protection

Both sides acknowledged the critical need to strengthen social protection measures aimed at shielding vulnerable population segments from external shocks. They agreed that robust safety nets are essential for cushioning the impact of regional instability on ordinary citizens.

Progress under country partnership framework

The meeting also reviewed advancements made under the Country Partnership Framework (CPF). While recognizing meaningful progress across several priority areas, both parties emphasized the necessity of sustained efforts to fully accomplish the framework’s objectives.

Call for coordinated federal-provincial approach

The Finance Minister highlighted the importance of adopting a coordinated federal and provincial strategy to effectively tackle Pakistan’s demographic challenges. In this context, he formally requested the World Bank Group to support the development of a comprehensive Master Plan aimed at addressing population-related issues through unified governance.

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