Pakistan must create up to 30 million jobs over the next decade to turn its growing youth population into economic gains, President Ajay Banga said.

He warned failure to generate employment could trigger domestic instability and outward migration as millions of young people enter the workforce each year in Pakistan.

Pakistan is entering implementation of a ten year Country Partnership Framework with the World Bank while also working with the IMF to stabilise economy nationally.

Banga said the World Bank Group is shifting focus from individual projects towards measurable outcomes, describing job creation as the central guiding priority for Pakistan.

Under the framework, around four billion dollars annually will be committed in public and private financing, with half expected from private sector operations led IFC.

Banga said limited government spending capacity and a private sector creating most jobs explain reliance on private capital within Pakistan across the wider economy today.

Read More: NADRA Announces Jobs in Islamabad and Gwadar

He said Pakistan’s job strategy focuses on infrastructure investment, business friendly reforms, and improved access to financing and insurance for small firms and farmers nationwide.

Infrastructure, healthcare, tourism and small scale agriculture were identified as labour intensive sectors, with farming alone potentially supplying one third of future jobs by 2050.

Banga noted Pakistan’s growing freelancer population shows strong entrepreneurial appetite but requires better capital, infrastructure and support to expand into employers creating sustainable domestic jobs.

Job pressures are reflected in skilled migration, with nearly four thousand doctors leaving Pakistan in 2025, the highest annual outflow recorded according to Gallup data.

Banga said fixing the power sector is the most urgent priority, citing distribution losses, inefficiencies, and debt constraining growth and investment across the national economy.

He said climate resilience should be embedded in development spending, viewing Pakistan as a long term job creation opportunity rather than a crisis narrative internationally.