Pakistan, US discuss IMF reforms, investment and energy challenges

April 2, 2026 (MLN): Pakistan and the United States reaffirmed their commitment to strengthening bilateral economic cooperation, with a focus on expanding trade, investment, and energy collaboration, while maintaining reform momentum and macroeconomic stability amid global challenges.

The understanding emerged during a meeting between Federal Minister for Finance and Revenue, Muhammad Aurangzeb, and US Chargé d’Affaires to Pakistan, Natalie Baker, held at the Finance Division, according to a press release issued.

During the talks, both sides reviewed Pakistan-US relations, ongoing economic developments, and avenues for deeper cooperation. 

The US side highlighted growing engagement, including a recent symposium in Washington, D.C., hosted by the Pakistan Caucus, which brought together policymakers, diaspora members, and business leaders to explore future opportunities.

The finance minister briefed the US diplomat on Pakistan’s efforts to address energy sector challenges, including procurement, pricing reforms, and better-targeted subsidies for vulnerable groups such as small farmers and public transport users. 

He also pointed to the impact of rising global oil prices on Pakistan’s import bill, inflation, and overall economic stability.

Discussions further covered Pakistan’s engagement with international financial institutions, particularly its commitment to reforms under the IMF programme. 

The minister emphasized fiscal discipline while seeking flexibility to navigate evolving global and regional conditions.

The US side reaffirmed support for Pakistan’s economic reform agenda and expressed interest in boosting investment in key sectors such as energy, mining, technology, and logistics. 

Both countries also explored opportunities to enhance investment flows, including participation in forums like the SelectUSA Investment Summit, alongside cooperation in infrastructure, digital connectivity, and regional trade.

The finance minister appreciated the role of US partners and reiterated Pakistan’s commitment to structural reforms, improving the business climate, and promoting export-led growth.

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