Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb has emphasized that Pakistan faces two major existential challenges: climate change and population growth. He stated that no amount of economic stability and growth could be sustained without addressing these two critical issues.  He stated this held today an important meeting at the Finance Division with Mr. Mohammed Yahya, the United Nations Resident Coordinator, who was accompanied by Mr. Abdullah Fadil, UNICEF Representative. 

The meeting provided a platform for discussions on key issues including debt management, debt restructuring, climate financing, sustainable development goals (SDGs), and Pakistan's transition to green energy. Ms. Afke Bootsman, Head of UN Resident Coordinator Office and Dr. Luay Shabaneh, UNFPA Representative were also present along with senior officers from the Finance Division.  During the meeting, the Minister emphasized that Pakistan faces two major existential challenges: climate change and population growth.

He stated that no amount of economic stability and growth could be sustained without addressing these two critical issues. The Minister highlighted the importance of the technical support from development partners in designing and implementing bankable and investable projects that would be properly monitored and reported according to international standards. 

The Minister also outlined Pakistan's ongoing commitment to its partnership with the World Bank, particularly focusing on the two key areas of population management and learning poverty, which are part of the 10-year Country Partnership Framework signed between Pakistan and the World Bank. He reiterated Pakistan’s determination to address these issues effectively with the necessary technical and financial support.

Credit: Independent News Pakistan (INP)