ISLAMABAD: Finance Minister Muhammad Aurangzeb is in Washington where he will represent Pakistan at the annual International Monetary Fund-World Bank spring meetings starting today, Monday, state media reported.
The IMF-World Bank spring meetings, which will be held in Washington from Apr. 13-18, will bring together central bankers, finance ministers and private sector leaders to discuss the global economy and financial stability.
The sessions will feature seminars, briefings and plenary sessions, including the International Monetary and Financial Committee (IMFC).
“The finance minister will represent Pakistan at important events organized by the International Monetary Fund and the World Bank Group,” state broadcaster Radio Pakistan reported.
“He will take part in a wide range of multilateral and bilateral engagements with global financial leaders, development partners, and policymakers.”
The finance ministry said on Saturday that Aurangzeb will pitch reforms and share the country’s investment outlook at these meetings.
Aurangzeb will also participate in investment forums and roundtable discussions with institutional investors, including sessions organized by Jefferies, JP Morgan and Citibank.
The Pakistani minister attended the Pakistan Conference at Harvard University on Sunday, where he took part in a panel discussion on Pakistan’s macroeconomic situation.
Aurangzeb said Pakistan was confident it would meet its external debt obligations in a timely manner, the Finance Division said.
The minister stressed the need to focus on export-led growth and expanding trade to ensure sustainable economic growth during the discussion.
“He noted that delays in taking difficult but necessary decisions have historically undermined progress, contributing to recurring economic cycles and repeated reliance on IMF programs,” the Finance Division said.
