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Pakistan raises alarm over Middle East crisis impact in Key IMF talks

ISLAMABAD: At the World Bank–IMF Spring Meetings 2026, Pakistan’s Finance Minister Muhammad Aurangzeb held high-level discussions with Jihad Azour of the International Monetary Fund, focusing on the economic fallout of the ongoing Middle East conflict.

During the meeting in Washington, D.C., Aurangzeb described the regional crisis as a major supply shock affecting Pakistan’s economy, particularly through rising inflation and pressure on growth. He emphasized that the government is actively working to contain both immediate and ripple effects of the situation.

The finance minister also welcomed the recent Staff-Level Agreement with the IMF and expressed hope for its swift approval by the Executive Board to keep Pakistan’s reform agenda on track.

Highlighting fiscal responsibility, Aurangzeb pointed to Pakistan’s successful Eurobond repayment and reaffirmed the country’s commitment to meeting all external obligations on time.

Talks also covered ongoing fiscal and structural reforms, with both sides stressing the need to sustain macroeconomic stability as a cornerstone for long-term, inclusive growth.