KARACHI: Pakistan’s Finance Minister Muhammad Aurangzeb arrived in Washington on Sunday to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank, where he will hold a series of high-level talks on investment, taxation and economic reforms, the Ministry of Finance said.
The visit comes as Pakistan engages with the International Monetary Fund to unlock the next tranche of its $7 billion loan program approved in September 2024, aimed at supporting economic stabilization and structural reforms.
According to the statement, the finance minister will attend more than 65 events, meetings and roundtables during his visit, including two key sessions hosted by the World Economic Forum (WEF), and will outline Pakistan’s economic priorities and investment opportunities to international partners.
“Finance Minister Muhammad Aurangzeb will represent Pakistan at the plenary meetings of the World Bank and the International Monetary Fund,” the ministry said in a statement.
“He will meet IMF Managing Director Kristalina Georgieva, World Bank President Ajay Banga, and other senior officials of international financial institutions during his visit to the United States.”
At the IMF’s Middle East, North Africa and Pakistan (MENAP) platform, Aurangzeb will meet Georgieva and deliver a keynote address on Pakistan’s economic outlook and reform agenda.
The finance minister will also take part in a regional roundtable on the digital transformation of Pakistan’s Federal Board of Revenue (FBR), alongside tax authorities from other countries.
During his six-day visit, Aurangzeb is scheduled to meet his counterparts from China, the United Kingdom, Saudi Arabia, Türkiye and Azerbaijan. His engagements also include meetings with senior officials at the White House, the US Treasury Department, the International Development Finance Corporation (DFC), and the US Pakistan Business Council.
He is also expected to meet representatives of global credit-rating agencies, commercial banks, including Middle Eastern investment banks, and major U.S. think tanks such as the Atlantic Council and the Peterson Institute for International Economics.
