World Bank asks Pakistan to do more to safeguard economy

The World Bank has asked Pakistani government to do more to safeguard the economy against further shocks. However, the Bank’s Vice President for South Asia, Isabel Guerrero has acknowledged the steps taken to support the economy amid a hike in global food and fuel prices. During her visit Guerrero reconfirmed the lender’s ongoing commitment to Pakistan -- noting that investment programmes in are on track - despite the prevailing political and security uncertainty. The World Bank team met with high level government officials today including the finance minister Naveed Qamar, Prime Minister Yousuf Gilani and PPP leader Asif Zardari.