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World Bank Tells Aurangzeb How to Get More Remittances from Overseas Pakistanis

Finance Minister Muhammad Aurangzeb and a World Bank delegation reviewed Pakistan’s ongoing economic reform agenda, and ways to improve overseas employment opportunities during a meeting held at the Finance Division today.

The meeting focused on structural reforms linked to labor markets, vocational training, overseas employment opportunities, and workforce competitiveness as part of Pakistan’s broader long term growth strategy.

The World Bank delegation was led by Country Director for Pakistan Bolormaa Amgaabazar and included senior officials working on fiscal operations, economic growth, financial sector reforms, and capital market development.

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During the meeting, the finance minister appreciated the World Bank’s continued support for Pakistan’s reform initiatives and emphasized the importance of technical collaboration and institutional capacity building.

Discussions covered a wide range of reform areas including public financial management, debt management, private sector development, regulatory reforms, trade facilitation, export competitiveness, and capital market expansion.

Aurangzeb highlighted the government’s ongoing efforts to transform the Federal Board of Revenue through reforms focused on people, processes, and technology. He pointed to progress in automation, digitization, procedural simplification, and technology driven monitoring systems as part of broader tax administration modernization efforts.

The World Bank team also shared updates on technical support related to Pakistan’s Medium Term Revenue Strategy, Tax Policy Office, and FBR transformation initiatives.

Both sides discussed measures aimed at improving transparency, strengthening taxpayer facilitation, and accelerating implementation of fiscal and governance reforms.

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Published by
Muhammad Bilal