KARACHI: Pakistan’s Finance Minister Muhammad Aurangzeb left for the United States on Saturday to attend the World Bank/International Monetary Fund (IMF) Spring Meetings 2025, the finance ministry said.
Leading finance ministers and officials of the World Bank and the IMF will gather in Washington D.C. to attend the spring meetings from Apr. 21-26.
Aurangzeb will meet with top officials of the World Bank and IMF, and interact with the finance ministers from China, the United Kingdom, Saudi Arabia and Turkiye, the finance ministry said.
“The Finance Minister will clarify the country’s economic scenario while addressing investment forums and seminars during the visit,” the statement said.
Aurangzeb will meet officials of the US State and Treasury Departments as well as those from global credit rating agencies, commercial and investment banks.
“During the visit, the Finance Minister will attend the 13th Ministerial Meeting of the Coalition of Finance Ministers for Climate Action,” the ministry said.
Aurangzeb will address a roundtable discussion with institutional investors organized by Jefferies International, titled: ‘Pakistan’s Economic Outlook, Recent Fiscal and Monetary Developments and Progress on Reforms and Engagement with the IMF.’
The finance minister will also address a session organized by the Center for Global Development (CGD) on ongoing reforms in Pakistan and future challenges that the country faces.
Aurangzeb will meet Garji Ghosh, the president of the Global Policy and Advocacy Division, Gates Foundation and Queen Maxima of the Netherlands.
“Finance Minister Muhammad Aurangzeb will visit leading think tanks in the US,” the ministry said, adding that he will also meet international and US media representatives.
Aurangzeb’s visit takes place as Pakistan tries to recover from a prolonged macroeconomic crisis via financial reforms mandated by the IMF.
The IMF staff reached a deal with Pakistan for a new $1.3 billion arrangement last month and also agreed on the first review of the ongoing 37-month bailout program. Pending board approval, Pakistan can unlock the $1.3 billion under a new climate resilience loan program spanning 28 months.
The IMF will also release $1 billion for Pakistan under its $7 billion bailout program, which would bring those disbursements to $2 billion.
Pakistan’s finance minister departs for US to attend World Bank-IMF Spring Meetings
https://arab.news/w4ktc
Pakistan’s finance minister departs for US to attend World Bank-IMF Spring Meetings
- World Bank/IMF Spring Meetings 2025 will be held from Apr. 21-26 in Washington D.C.
- Aurangzeb to address investment forums, meet counterparts from other countries
Pakistan says responding to Afghan ‘offensive operations’ after border fire as tensions escalate
- Afghan Taliban spokesperson says “large-scale offensive operations” launched against Pakistani military bases
- Pakistan says Afghan forces opened “unprovoked” fire across multiple sectors along shared border
ISLAMABAD: Afghanistan’s Taliban authorities said on Thursday they had launched “large-scale offensive operations” against Pakistani military bases and installations, prompting Pakistan to say its forces were responding to what it described as unprovoked fire along the shared border.
The escalation follows Islamabad’s weekend airstrikes targeting what it said were Tehreek-e-Taliban Pakistan (TTP) and Daesh militant camps inside Afghanistan in response to a wave of recent bombings and attacks in Pakistan. Islamabad said the strikes killed over 100 militants, while Kabul said dozens of civilians were killed and condemned the attacks as a violation of its sovereignty.
In a post on social media platform X, Afghan government spokesperson Zabihullah Mujahid said Afghanistan had launched “large-scale offensive operations” in response to repeated violations by the Pakistani military.
Pakistan’s Ministry of Information said Afghan forces had initiated hostilities along multiple points of the frontier.
“Afghan Taliban regime unprovoked action along the Pakistan–Afghanistan border given an immediate, and effective response,” the ministry said in a statement.
The statement said Pakistani forces were targeting Taliban positions in the Chitral, Khyber, Mohmand, Kurram and Bajaur sectors, claiming heavy Afghan casualties and the destruction of multiple posts and equipment. It added that Pakistan would take all necessary measures to safeguard its territorial integrity and the security of its citizens.
Separately, security officials said Pakistani forces had carried out counterattacks in several border sectors.
“Pakistan’s security forces are giving a befitting reply to the unprovoked Afghan aggression with full force,” a security official said, declining to be named.
“The Pakistani security forces’ counter-attack destroyed Taliban’s hideouts and the Khawarij fled,” they added, referring to TTP militants.
The claims from both sides could not be independently verified.
Cross-border violence has intensified in recent weeks, with Pakistan blaming a surge in suicide bombings and militant attacks on militants it says are based in Afghanistan. Kabul denies providing safe havens to anti-Pakistan militant groups.
The clashes mark the third major escalation between the neighbors in less than a year. Similar Pakistani strikes last year triggered weeklong clashes before Qatar, Türkiye and other regional actors mediated a ceasefire in October.
The 2,600-kilometer (1,600-mile) frontier, a key trade and transit corridor linking Pakistan to landlocked Afghanistan and onward to Central Asia, has faced repeated closures amid tensions, disrupting commerce and humanitarian movement. Trade between the two nations has remained closed since October 2025.
