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World Bank Warns Pakistan It Must Create 25–30 Million Jobs Over the Next Decade

Ajay Banga casts the new 10‑year, $4 billion‑per‑year Country Partnership Framework as a private‑capital push with job creation as the outcome.

Overview

  • Visiting Karachi, Banga said Pakistan needs 2.5–3 million new jobs each year or it risks domestic unrest and irregular migration.
  • The World Bank’s Country Partnership Framework is moving into implementation with roughly $4 billion annually, about half expected via IFC‑led private financing.
  • Banga underscored that the private sector already provides about 90% of jobs, shaping the framework’s reliance on private investment.
  • Labour‑intensive areas identified for rapid absorption include infrastructure, primary healthcare, tourism and small‑scale agriculture.
  • Pressure is evident in outward flows, with more than 760,000 workers and a record near‑4,000 doctors leaving in 2025, according to official and Gallup‑cited data.