Pakistan Must Create 30 Million Jobs over Next Decade, World Bank President Says
The World Bank’s $4 billion annual plan focuses on labour-intensive sectors and reforms to create 30 million jobs in Pakistan over 10 years, addressing youth unemployment and migration risks.
- On February 2, 2026, World Bank President Ajay Banga announced the Country Partnership Framework commits around $4 billion a year and aims to create 30 million jobs in Pakistan.
- With limited fiscal space, Pakistan faces a generational challenge, relying on private capital as the government has limited spending capacity, and Banga said employment creation is a binding constraint.
- The World Bank says the CPF prioritises three pillars: investment in human and physical infrastructure, regulatory reforms, and financing and insurance, targeting labour-intensive sectors including agriculture, which could account for about one-third of jobs needed by 2050.
- Nearly 4,000 doctors left Pakistan in 2025, demonstrating a skilled‑worker exodus that raises risks of illegal migration or domestic instability, increasing pressure on Islamabad to deliver sustained growth.
- Banga urged embedding climate‑resilient investments into infrastructure and agriculture and warned rooftop solar risks grid instability without electricity distribution and privatisation reforms and private‑sector participation.
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Pakistan must create 30 million jobs over next decade, World Bank president says
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 must create 30 million jobs in 10 years, World Bank president says
As millions of young Pakistanis come of age, the country needs to generate 2.5 million to 3 million jobs a year. Failure to do so could fuel illegal migration or domestic instability
Pakistan must create 30m jobs over next decade, says World Bank president
Pakistan needs to create 2.5m to 3m jobs a year: Banga.Agriculture could create one-third of jobs needed: WB head.Most urgent near-term need is reform of power sector.KARACHI: Pakistan must create up to 30 million jobs over the next...
Pakistan must create 30m jobs over next decade: World Bank president
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 has stressed. 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 Islamabad is still fac…
Pakistan needs 30 million jobs in next decade: World Bank chief
Pakistan faces a critical challenge to generate 25 to 30 million jobs in the next decade. World Bank President Ajay Banga stresses this is vital to harness its youth bulge for economic growth. Failure risks instability and increased outward migration. The World Bank is committed to supporting Pakistan's job creation goals through investment and reforms.
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