IFC, Pakistan to partner on energy, infrastructure reforms

April 14, 2025 (MLN): The International Finance Corporation (IFC) to partner with Pakistan to explore viable opportunities for collaboration and investment aimed at facilitating essential reforms and supporting the development of efficient energy, transport, and infrastructure systems to meet the needs of a growing population.

This was discussed during a meeting between the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, and a high-level IFC delegation led by Linda Rudo Munyengeterwa, Global Director for Public-Private Partnerships and Corporate Finance Advisory at IFC, held today at the Finance Division.

Recognizing the fiscal challenges in managing public finances and meeting the country’s expanding development needs, Muhammad Aurangzeb stressed the importance of utilizing the expertise and financial resources of international institutions like IFC through public-private partnerships.

During the meeting with the finance minister and his team, Munyengeterwa reiterated the IFC’s commitment to Pakistan and expressed a strong interest in supporting the country’s macroeconomic reform, investment, and privatization initiatives.

The delegation conveyed that they had come to Pakistan with an open mind, intending to explore the market and engage with key government stakeholders to identify potential areas for investment, as per the press release issued today.

IFC’s extensive global experience across various sectors, including infrastructure, energy, transport, public finance, and privatization, was highlighted as a valuable asset that could be leveraged to support Pakistan’s development agenda.

The finance minister welcomed the IFC delegation and acknowledged the valuable technical expertise and advisory support extended by the institution in various sectors.

He noted that macroeconomic stability, which forms the foundation of economic resilience, had been largely restored in Pakistan.

He further underscored the government’s commitment to maintaining this stability and ensuring long-term, sustainable economic growth.

The IFC delegation reaffirmed their willingness to work closely with stakeholders in Pakistan, offering both advisory services and investment support aimed at achieving long-term and inclusive economic development.

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