Pakistan, AIIB discuss $1.7bn portfolio, project implementation bottlenecks
MG News | April 18, 2026 at 07:21 PM GMT+05:00
April 18, 2026 (MLN): Pakistan and the Asian
Infrastructure Investment Bank (AIIB) have held wide-ranging discussions on
strengthening bilateral cooperation.
Federal Minister for Finance and Revenue, Senator Muhammad
Aurangzeb, held a meeting with Ms. Zou Jiayi, President of the Asian
Infrastructure Investment Bank, on the sidelines of the World Bank–IMF Spring
Meetings 2026 in Washington, D.C, according to a press release issued.
The Finance Minister highlighted Pakistan's return to
international capital markets after four years, briefing the AIIB President on
the regional situation's impact on Pakistan's energy supply chain.
He congratulated Ms. Zou Jiayi on assuming office and
appreciated AIIB's robust engagement in Pakistan through an ongoing portfolio
of approximately $1.7 billion, with an additional $1 billion in the pipeline.
Senator Aurangzeb outlined Pakistan's broader development
frameworks, including the 10-year Country Partnership Framework with the World
Bank and the 5-year Country Partnership Strategy with the Asian Development
Bank, inviting AIIB to align its engagement with Pakistan's infrastructure
priorities and strategic development focus.
On project implementation, the Finance Minister informed
that the Prime Minister has constituted four dedicated working committees to
address key bottlenecks across compliance, land acquisition, disbursement, and
procurement, reaffirming the government's commitment to improving institutional
processes and reducing delays in project execution.
Senator Aurangzeb also appreciated AIIB's multi-year rolling
lending pipeline, noting that it would enable a more programmatic and
structured approach to project implementation over a three to five-year
horizon.
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