Pakistan finmin seeks investments in Washington meetings with Deloitte, IFC executives

Federal Minister for Finance and Revenue Muhammad Aurangzeb meeting with the Deloitte team on the sidelines of the WB/IMF Spring Meetings 2025, in Washington D.C., on April 21, 2025. (GOP)
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Updated 21 April 2025
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Pakistan finmin seeks investments in Washington meetings with Deloitte, IFC executives

  • Aurangzeb discusses cooperation in private sector reforms, energy transition, sound municipal finance, employment with IFC team
  • Pakistan finmin seeks investments in Washington meetings with Deloitte, IFC executivesDiscusses energy reforms, extraction, marketing of critical minerals, privatization, technology, crypto policy with Deloitte executives

KARACHI: Pakistani Minister for Finance and Revenue, Muhammad Aurangzeb, held separate meetings on Monday with executives from Deloitte and the International Finance Corporation and discussed cooperation in multiple areas like energy and private sector reforms and critical minerals.

Aurangzeb left for the US last week to attend the World Bank Group/IMF Spring 2025 Meetings from Apr. 21-26. A statement from his office said on Saturday besides meeting with top officials of the World Bank and the IMF, the finance minister would also meet with finance ministers and counterpart leaders of China, the United States, United Kingdom, Saudi Arabia and Turkiye and officials of global credit rating agencies, commercial and investment banks.

On Monday, Aurangzeb met Hela Cheikhrouhou, Regional Vice President of the International Finance Corporation, and her team.

“Both sides explored cooperation in the areas of private sector reforms, energy transition, sound municipal finance and full employment,” a statement from the finance ministry said. “The Minister appreciated the lead role of IFC in raising $2.5 billion in debt financing for Reko Diq Copper & Gold Mine Project in Balochistan. 

Aurangzeb also separately met with a team from Deloitte and briefed them on Pakistan’s macroeconomic outlook, the government’s sectoral development agenda and export-led growth priorities, the finance ministry said. 

“Explored cooperation in the areas of energy sector reforms, extraction and marketing of critical minerals, privatization, technology, crypto policy and operationalization of Country Partnership Framework (CPF),” the statement added. 


Pakistan expresses solidarity with Australia as gunmen kill at least 12 in Bondi Beach shooting

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Pakistan expresses solidarity with Australia as gunmen kill at least 12 in Bondi Beach shooting

  • Gunmen targeted people gathered at Sydney’s famous Bondi Beach to celebrate Jewish Hannukah festival
  • Pakistan, itself a victim of “terrorism,” condemns violence against innocent civilians, says President Zardari

ISLAMABAD: Pakistan’s President Asif Ali Zardari expressed solidarity with Australia on Sunday as gunmen killed at least 12 people and wounded a dozen others in the Bondi Beach shooting that targeted the Jewish community in the country. 

New South Wales (NSW) police said two people had been taken into custody, and the Australian Broadcasting Corp. said one of at least two gunmen was among those killed. Around a dozen people were taken to local hospitals after the shooting, an NSW ambulance spokesperson said.

The attackers targeted a large group gathered at the northern end of Sydney’s Bondi Beach, near or at Bondi Park playground, as per news reports, when the attack happened. Gunmen attacked people who were there to celebrate an event related to the Jewish festival of Hannukah. 

“President Asif Ali Zardari has expressed sorrow over the tragic shooting in Sydney, conveyed condolences to the victims’ families & wished the injured a speedy recovery,” the president of Pakistan’s official account on X wrote. 

“Pakistan itself a victim of terrorism, stands in solidarity with & condemns violence against innocent civilians.”

Prime Minister Shehbaz Sharif also condemned the Sydney attack, expressing condolences with victims of the incident. 

“Pakistan condemns terrorism in all its forms and manifestations,” he wrote on X. 

As per international media reports, one of the gunmen has been identified as Naveed Akram from Bonnyrigg in Sydney’s southwest. His country of origin remains unclear. 

One of the world’s most famous beaches, Bondi is typically crowded with locals and tourists, especially on warm weekend evenings.

Videos circulating on X appeared to show people on the beach and nearby park scattering as multiple gunshots and police sirens could be heard. One video showed a man dressed in a black shirt firing a large weapon before being tackled by a man in a white T-shirt who wrestled his weapon off him. A different man was seen firing a weapon from a pedestrian bridge.

Another video showed two men pressed onto the ground by uniformed police on a small pedestrian bridge. Officers could be seen trying to resuscitate one of the men. Reuters could not immediately verify the footage.

The attack came almost exactly 11 years after a lone gunman took 18 people hostage at the Lindt Cafe in Sydney. Two hostages and the gunman were killed after a 16-hour standoff.