Finance Minister Aurangzeb promoted Pakistan’s investment potential at IMF-World Bank meetings, met global partners to boost trade, and outlined reforms and market re-entry plans at the Citi Macro Forum, signaling Pakistan’s readiness for global investment.
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During his visit to Washington, D.C., for the IMF-World Bank Annual Meetings, Finance Minister Muhammad Aurangzeb met with Benjamin Black, the CEO of the U.S. International Development Finance Club (IDFC), to highlight Pakistan’s growing investment potential. He shared how Pakistan is opening its doors to foreign investors across key sectors including oil and gas, minerals, agriculture, IT, and pharmaceuticals. Aurangzeb emphasized that Pakistan is eager to work closely with development finance institutions like the IDFC to channel private sector investment into projects that can drive long-term growth and sustainability.
Apart from this meeting, the finance minister also held discussions with several global and regional partners. In talks with Azerbaijan, he reaffirmed Pakistan’s commitment to expanding trade beyond traditional products like oil and rice, aiming to include sectors such as textiles, chemicals, and machinery under new preferential trade agreements. He also met with the to explore ways to enhance investor confidence and establish trade-finance facilities for crucial imports, including food, energy, and fertilisers all essential for maintaining economic stability and growth.
Aurangzeb also took the opportunity to speak at the Citi Macro Forum, where he briefed international investors on Pakistan’s economic turnaround and ongoing reforms. He pointed out the country’s progress in stabilising its economy, improving its credit ratings, and finalising a staff-level agreement with the IMF. The minister outlined plans to re-enter international capital markets through instruments like Panda Bonds, Eurobonds, and Sukuk, while stressing the government’s focus on green growth, regulatory reforms, and competitiveness. His message was clear Pakistan is ready for business and open to partnerships that can help shape a stronger, more resilient economy.