Business Desk 
Jan 16, 2026
World Bank (WB) on Friday urged Pakistan to look up for a results-driven approach for seeking a multibillion-dollar loan over the medium to long term for managing the financially draining power sector.
The WB has communicated to the federal government that it will assess the sector in its totality and then propose measures to fix the cash-starved sector.
The News reported that top official sources confirmed: "We have approached the WB for refinancing of the power sector debt to replace expensive debt with cheaper loans from the multilateral creditor. The government is also increasing the incremental package for industries from 25% to 50% at the demand of industrial sector, due to reduced consumption by the industrial sector last fiscal year owing to contraction in Large Scale Manufacturing (LSM).”
Federal Minister for Finance Muhammad Aurangzeb held a meeting with WB Country Director for Pakistan Bolormaa Amgaabazar, along with thie respective teams, to review ongoing partnership and discuss areas under the lender's Country Partnership Framework (CPF) with Pakistan.
Both parties admitted that Pakistan made progress toward macroeconomic stability through prudent fiscal and monetary policies and emphasised the requirement to translate this stability into sustained economic growth, higher investment, and job creation for the netizens.
In the meeting, both sides also discussed on sectoral priorities, including digital services exports, agriculture and agribusiness, minerals and mining, healthcare, and selected manufacturing segments, as potential focus areas for future WB-supported operations.
