Finance and Revenue Minister Senator Muhammad Aurangzeb held a series of meetings during the 2025 Annual Meetings of the World Bank Group and International Monetary Fund to discuss Pakistan’s economic reforms and financing opportunities.
In a meeting with the senior management of Standard Chartered Bank, the minister acknowledged the bank’s long-standing partnership with Pakistan. He highlighted external validation of the country’s economic reforms by international rating agencies and briefed the team on Pakistan’s recent Panda Bond issuance and plans to access international capital markets through Eurobonds and International Sukuk. Trade financing facilities were also discussed, with Aurangzeb requesting additional proposals to strengthen collaboration.
The minister also attended a working dinner hosted by Ambassador Rizwan Saeed Sheikh at Pakistan House, where he engaged with leading Pakistani entrepreneurs. He outlined the country’s macroeconomic stability, structural reforms, and initiatives to streamline regulatory processes, improve the taxation system, and address challenges in the energy sector, state-owned enterprises, and privatization.
Aurangzeb noted that Pakistan’s improved credit rating by global agencies has revived business confidence and expressed appreciation for the continued support of the IMF and World Bank in stabilizing the economy and addressing climate change.
He invited proposals from the business community to further strengthen Pakistan-US economic ties, while participants pledged full support to realize the government’s economic vision.
