Federal Minister for Finance, Senator Muhammad Aurangzeb here on Monday departed for Davos, the Swiss city, to participate in the World Economic Forum 2025 annual meeting being held from January 20 to 24.
Aurangzeb will meet with political, trade, and business leaders of various countries and international organizations and would also address various sessions and negotiations, clarifying the country’s economic landscape, according to press release issued by finance ministry.
The Finance Minister will participate, as a panelist, in a high-level discussion on the growing burden of global debt on developing economies during the forum and would present his perspective on establishing strong and resilient economies through fiscal policy adjustments and debt sustainability.
Aurangzeb would also participate as a panelist in a high-level discussion on the revolutionary impact of new technologies, especially AI and automation, on promoting trade and investment. He will express his thoughts on leveraging technologies to achieve accurate and profitable trade and investment.
The minister is also scheduled to meet with the ministers of Saudi Arabia, Egypt, and Qatar, the press release added.
Aurangzeb will meet with the heads of international financial and business institutions, organizations involved in sustainable development, and investors and commercial banks, especially from the Middle East.
Pakistan’s Finance Minister Senator Muhammad Aurangzeb will participate in the forum and speak on January 23 under the theme “Hacking Trade and Investment.” He will participate in two separate discussions on “Digital Pakistan” and “Investment in Pakistan”, organized by the Pathfinder Group. In addition, he will also give interviews to selected international media representatives during his visit.
The 55th annual meeting of the World Economic Forum, taking place at the Swiss Alpine School, will focus on five key themes: ‘Reimagining Growth,’ ‘Industries in the Intelligent Age,’ ‘Investing in People,’ ‘Safeguarding the Planet,’ and ‘Rebuilding Trust.’ It aims to foster dialogue, form partnerships, and catalyse action in a world reshaped by geopolitical tensions, economic shifts, and rapid technological advancement.
Over 3,000 high-level representatives from the private sector, young leaders, civil society, and educational institutions will also participate in the forum.
The event aims to present solutions based on international cooperation in various economic and development sectors between governments and major international organizations and institutions.
According to the WEF’s latest Chief Economists Outlook, 56% of surveyed chief economists anticipate further weakening of the global economy in 2025, while only 17% predict improvement. The findings highlight rising uncertainty in critical regions, emphasizing the need for coordinated global policy responses.
The five-day event will also delve into the geopolitical landscape, environmental challenges, and the integration of arts in society, aiming to drive dialogue and solutions that promote a more inclusive and sustainable global future.
