Finance Minister Reaffirms Reform Commitment in IMF Discussions
Key Takeaways
- Pakistan reaffirmed its commitment to continuing key economic reforms to the IMF Managing Director.
- The Finance Minister expressed satisfaction with the recently reached Staff-Level Agreement with the IMF.
- Reforms are focused on taxation, energy, state-owned enterprises (SOEs), and privatization for sustainable growth.
- Pakistan is promoting investment opportunities in sectors like minerals, agriculture, and digital infrastructure.
- The meeting occurred during the IMFâWorld Bank Annual Meetings alongside MENAP region finance officials.
Finance Minister Senator Muhammad Aurangzeb met with IMF Managing Director Kristalina Georgieva, alongside MENAP region finance officials, to reaffirm Pakistanâs commitment to its economic reform agenda. Aurangzeb expressed satisfaction with the recently achieved Staff-Level Agreement, noting that Pakistan has successfully attained macroeconomic stabilization. The minister confirmed the government's unwavering focus on continuing essential reforms across taxation, energy, state-owned enterprises (SOEs), and privatization, viewing them as vital for achieving sustainable growth. Furthermore, he detailed efforts in digital transformation and tariff policy reforms intended to boost exports and overall competitiveness. Aurangzeb actively pitched Pakistan to global investors, highlighting opportunities in key sectors such as mining, agriculture, digital infrastructure, and pharmaceuticals, underpinned by a policy direction favoring transparency and investment facilitation. The high-level meeting took place on the sidelines of the IMFâWorld Bank Annual Meetings in Washington.
