FinMin briefs US investors on IMF progress, reforms

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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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