Washington: Finance Minister Muhammad Aurangzeb has reiterated the government’s commitment to maintaining the reform momentum.
During his meeting with IMF Managing Director Ms. Kristalina Georgieva in Washington D.C.
The Minister thanked the IMF team for reaching a Staff-Level Agreement on the First Review under the Extended Fund Facility (EFF) and a new arrangement under the Resilience and Sustainability Facility (RSF).
Meeting With World Bank Group
In his meeting with President of the World Bank Group Ajay Banga, the Finance Minister expressed gratitude to the World Bank for its historical support to Pakistan and commended its leadership in developing a transformative CPF—a decade-long strategic roadmap centered around measurable impacts and outcomes.
He appreciated the World Bank’s ongoing assistance in crafting a comprehensive implementation strategy and action plan to operationalize the CPF while simultaneously enhancing overall efficiency.
The Minister also provided a detailed overview of Pakistan’s macroeconomic turnaround and reaffirmed the government’s unwavering commitment to ensuring sustainable economic stability.
Meets Assistant Secretary of the US Department of the Treasury
The Finance Minister also held a meeting with Assistant Secretary of the US Department of the Treasury, Robert Kaproth and briefed him on Pakistan’s improving macroeconomic indicators.
He highlighted ongoing reforms in taxation, energy, privatization, state-owned enterprises (SOEs), pensions, and debt management.
Luncheon By US-Pakistan Business Council
At a luncheon hosted by the US-Pakistan Business Council at the US Chamber of Commerce, the Finance Minister engaged with American corporate leaders, detailing Pakistan’s economic progress and reform measures in taxation, energy, SOEs, and privatization.
He emphasized the importance of regional trade, market diversification, and sectoral expansion.
Muhammad Aurangzeb thanked the US delegation for participating in the Pakistan Mineral Investment Forum 2025 and expressed Pakistan’s commitment to continued collaboration in the mining and minerals sector.
Meeting with Secretary General of Climate Vulnerable Forum (CVF)
The Finance Minister also held a meeting with Secretary General of the Climate Vulnerable Forum (CVF) and Vulnerable 20 Mohamed Nasheed.
He appreciated the recent visit of the CVF Secretariat team to Pakistan and the collaborative efforts to develop a Climate Prosperity Plan, which identifies financing avenues for climate-resilient projects.
The Minister also briefed on progress under the IMF’s Resilience and Sustainability Facility (RSF) and reiterated Pakistan’s commitment to finalizing CPP projects through a phased financing approach.
