Washington, D.C: Pakistan’s Finance Minister Senator Muhammad Aurangzeb began his official engagements at the 2025 IMF and World Bank Spring Meetings in Washington, D.C., with a series of high-level interactions aimed at strengthening economic cooperation and investment prospects.
On the opening day, Minister Aurangzeb met with a delegation from Deloitte, discussing Pakistan’s macroeconomic outlook, development agenda, and potential collaborations in energy, mineral extraction, privatization, technology, and crypto policy. He welcomed Deloitte’s upcoming visit to Pakistan in May 2025.
In another significant meeting, the Finance Minister conferred with IFC Regional Vice President Ms. Hela Cheikhrouhou on private sector reforms, energy transition, and financing for the Reko Diq project. He lauded IFC’s role in securing $2.5 billion for the project and stressed inclusive economic benefits for local communities.
Meeting with IMF Managing Director Ms. Kristalina Georgieva, Aurangzeb expressed gratitude for the staff-level agreement under the Extended Fund Facility (EFF) and the new Resilience and Sustainability Facility (RSF). He reiterated Pakistan’s commitment to reforms and extended an invitation for Ms. Georgieva to visit Pakistan.
During talks with U.S. Treasury official Mr. Robert Kaproth, the Minister highlighted Pakistan’s improving economic indicators and ongoing reforms in key sectors, emphasizing the importance of the World Bank’s Country Partnership Framework (CPF).
Later, in discussions with World Bank President Ajay Banga, Senator Aurangzeb expressed appreciation for the Bank’s continued support and praised the strategic direction of the CPF aimed at sustainable development and economic stability.
Earlier in the day, at a luncheon hosted by the US-Pakistan Business Council, the Minister met with American corporate leaders, sharing updates on Pakistan’s reform measures and investment opportunities, particularly in the minerals sector.
Read more: IT and Minerals to Drive Economic Revival, Says Finance Minister Aurangzeb
Concluding his day, Minister Aurangzeb met with CVF-V20 Secretary General Mohamed Nasheed to discuss the development of Pakistan’s Climate Prosperity Plan (CPP), climate financing, and progress under the IMF’s RSF initiative.
The Minister’s meetings underscored Pakistan’s commitment to economic reform, sustainability, and strengthened global partnerships.
Comments are closed, but trackbacks and pingbacks are open.