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World Bank’s Ajay Banga Concludes Pakistan Visit With Talks on $20 Billion Support Bid

Pakistan is seeking roughly $20 billion in World Bank support over the next decade.

Overview

  • Ajay Banga met Prime Minister Shehbaz Sharif and Pakistan’s finance minister at the end of a four-day trip that mixed official calls with personal stops.
  • Reports from Indian outlets say the discussions focused on a multi‑year World Bank assistance package of about $20 billion.
  • Pakistan staged an elaborate welcome with senior receptions, horse-mounted escorts, marching bands, and large banners, and officials presented documents tied to Banga’s ancestral home.
  • Banga visited his mother’s ancestral village in Khushab, paid respects at a gurdwara linked to his grandfather, and spoke about the shared trauma of the 1947 Partition and the warmth shown by locals.
  • Indian media and social media users criticized the pageantry and Banga’s positive remarks, linking the optics to Pakistan’s debt pressures, a T20 boycott of India, and the World Bank’s limited facilitation role under the Indus Waters Treaty.