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Home Breaking News

Finance Minister to meet IMF, World Bank officials next week

byCT Report
09/04/2024
in Breaking News, Islamabad, Latest News, Slider News
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ISLAMABAD: Finance Minister Muhammad Aurangzeb is set to meet with IMF Managing Director Kristalina Georgieva, the US Assistant Secretary of State for South Asia Donald Lu, and possibly with a US Deputy Under Secretary of Treasury during his visit to Washington next week, but his engagements with US officials may be at a lower level.

The main purpose of the finance minister’s visit is centered around attending the World Bank-IMF Spring meetings. His team may discuss an Extended Fund Facility (EFF) with the IMF during their stay in the US.

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Meetings with US officials are expected to discuss Pakistan’s economic challenges and seek financial support. Aurangzeb is expected to engage with representatives of the World Bank and Asian Development Bank, as well as officials from Saudi Arabia and the United Arab Emirates.

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