'Pakistan must create 30m jobs over next decade'

'Pakistan must create 30m jobs over next decade'

Pakistan must create up to 30 million jobs over the next decade to turn its youth bulge into an economic dividend or risk instability and outward migration, World Bank President Ajay Banga said in an interview with Reuters. Pakistan is entering the implementation phase of a 10-year Country Partnership Framework (CPF) deal agreed with the World Bank last year, while also working with the International Monetary Fund to stabilise its economy. But I…

World Bank Says Pakistan Must Create 30 Million Jobs

World Bank President Ajay Banga highlighted that Pakistan faces a generational challenge, needing to create 30 million jobs over the next ten years. Millions of young people entering the workforce annually make rapid employment generation crucial to prevent outward migration and domestic instability. According to Banga, the World Bank’s 10-year Country Partnership Framework will provide around $4 billion per year in public and private financing,…

Pakistan Must Create 30 Million Jobs Within A Decade, World Bank Warns

Pakistan must create up to 30 million jobs over the next decade to turn its youth bulge into an economic dividend or risk instability and outward migration, World Bank President