ISLAMABAD: Finance Minister Muhammad Aurangzeb has emphasized the need to translate the emerging consensus between Pakistan and the US on trade into a broader economic partnership.
He made the remarks during his meeting with Special Assistant to the US President for International Economic Relations Emory Cox and other US officials in Washington D.C.
The two sides held discussions on leveraging investment opportunities in energy, minerals, agriculture, technology, IT and digital assets.
The Finance Minister also met CEO of the Saudi Fund for Development Sultan Abdulrahman Al-Marshad, reaffirming the strategic partnership between Pakistan and the Kingdom of Saudi Arabia. He thanked the SFD for the Saudi Oil Facility and sought further collaboration on key infrastructure projects including the Hyderabad–Sukkur Motorway (M-6), Main Line-1 (ML-I), skills development, and IT infrastructure. He welcomed the SFD’s assurance of support for Pakistan’s digitalization agenda.
In a constructive meeting with Deputy Managing Director of the IMF Nigel Clarke, the Finance Minister acknowledged the IMF’s appreciation of Pakistan’s program performance and reaffirmed the government’s resolve to sustain the trajectory of stability and reform.
In his address at the G-24 Ministers and Governors’ Meeting, the Finance Minister highlighted the macroeconomic stability achieved by Pakistan, which is underpinned by structural reforms in taxation, energy, and state-owned enterprises (SOEs). He also emphasized the importance of regional trade corridors and global cooperation on climate change.
Muhammad Aurangzeb also engaged leading institutional investors at a roundtable hosted by Jefferies International. He briefed participants on Pakistan’s economic outlook, fiscal and monetary developments, external sector dynamics, and ongoing IMF engagement.
In a meeting with Regional Vice President for Middle East, North Africa, Afghanistan, and Pakistan (MENAAP) at the World Bank, Ousmane Dione the Finance Minister reaffirmed the Government’s commitment to the effective implementation of the newly launched Country Partnership Framework (CPF).
