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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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Digital Pakistan broke the news in on Wednesday, February 4, 2026.
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