FinMin briefs US investors on IMF progress, reforms
MG News | April 15, 2026 at 12:54 AM GMT+05:00
April 15, 2026 (MLN): Pakistan and the United States
engagement on economic cooperation was highlighted as the Finance Minister Muhammad
Aurangzeb briefed U.S. business representatives on macroeconomic outlook,
ongoing reform agenda, and recent economic developments on the sidelines of the World Bank–IMF Spring Meetings 2026.
The Finance Minister informed participants that Pakistan
has secured a Staff-Level Agreement (SLA) with the International Monetary Fund
(IMF) under the third review of the Extended Fund Facility (EFF) and the second
review of the Resilience and Sustainability Facility (RSF), with approval by
the IMF Executive Board expected shortly.
He also outlined the impact of ongoing geopolitical
tensions in the Middle East on energy procurement, logistics, and supply
chains, along with policy responses focused on supply stabilization, demand
management, and targeted fiscally neutral subsidies, according to a press
release issued.
Positive economic indicators were also highlighted,
including rising transshipment volumes at Karachi Port and record inflows under
the Roshan Digital Account, while reaffirming efforts to broaden the tax base
through targeted Federal Board of Revenue (FBR) enforcement and engagement with
the informal professional sector.
The engagement took place at a luncheon hosted by the
US-Pakistan Business Council, where Federal Minister for Finance and Revenue
Senator Muhammad Aurangzeb interacted with representatives of U.S. companies
operating in Pakistan on the sidelines of the World Bank–IMF Spring Meetings
2026.
The session included a detailed briefing by the Finance
Minister and concluded with an interactive question-and-answer segment focused
on Pakistan’s economic outlook and reform agenda.
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