World Bank calls on govt to implement policy actions under $20bn reform partnership

ISLAMABAD: The World Bank on Friday called upon the government to expedite implementation of policy actions under its $20 billion economic reform partnership for harmonisation of sales tax, provincial agriculture and property taxes and removing regulatory constraints to achieve higher growth, revenue mobilisation and trade and investment facilitation. The World Bank group launched the 10-year country partnership framework 2025-35 in January last year, with a total blended financing of about $20bn, involving concessionary and commercial lending facilities. It is now pursuing the implementation…