Pakistan seeks global support at IMF, World bank meetings

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MG News | October 11, 2025 at 12:40 PM GMT+05:00

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October 11, 2025 (MLN): Pakistan has introduced a major economic diplomacy drive as Finance Minister Senator Muhammad Aurangzeb departs for the United States to attend the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group.

During the six-day official visit, Pakistan’s delegation will represent the country at the plenary sessions of both global financial institutions.

The visit aims to deepen cooperation with the IMF, World Bank, and other international partners amid ongoing economic reforms and fiscal consolidation efforts.

The Finance Minister’s agenda includes high-level meetings with key global financial stakeholders, including IMF Managing Director Kristalina Georgieva, World Bank President Ajay Banga, and senior officials from the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).

He will also attend a special dinner hosted by Ajay Banga for finance ministers from selected countries.

At the G24 and MENAP (Middle East, North Africa, and Pakistan) platforms, Minister Aurangzeb will deliver a keynote address outlining Pakistan’s economic vision, structural reforms, and strategies for regional cooperation.

A major highlight of the visit will be the World Bank’s regional roundtable on digital tax transformation, where Pakistan’s Federal Board of Revenue (FBR) will share progress on digitization and transparency initiatives.

In addition, the Finance Minister will join sessions organized by the World Economic Forum (WEF) and hold bilateral talks with counterparts from China, the United Kingdom, Saudi Arabia, Türkiye, and Azerbaijan to discuss trade, investment, and financial collaboration.

His U.S. itinerary also includes meetings with senior officials from the White House, U.S. Congress, State Department, Treasury Department, and the U.S. International Development Finance Corporation (DFC).

Discussions will center on enhancing Pakistan-U.S. economic cooperation and attracting new investments.

Minister Aurangzeb is expected to meet global credit rating agencies, commercial banks, and investment groups from the Middle East to promote Pakistan’s fiscal reforms and investment opportunities.

He will also address several investment forums and economic seminars to highlight Pakistan’s reform agenda and progress toward sustainable growth.

Engagements with leading U.S. think tanks, including the Atlantic Council and the Peterson Institute for International Economics (PIIE), are also planned to strengthen policy-level dialogue.

Throughout the six-day trip, the Finance Minister will participate in over 65 official meetings and events, including media interactions with major international outlets.

The visit stresses Pakistan’s commitment to restoring investor confidence, expanding global partnerships, and positioning the country as a competitive emerging economy.

Copyright Mettis Link News 

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