Pakistan, Saudi Fund discuss development cooperation, energy risks amid Middle East conflict

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with Mr. Sultan bin Abdulrahman Al-Marshad, Chief Executive Officer of the Saudi Fund for Development (SFD), on the sidelines of the World Bank-IMF Spring Meetings 2026.

The two sides discussed the implications of the ongoing conflict in the Middle East on global energy security and its potential economic impact. 

The finance minister expressed hope for an early resolution of the conflict and emphasized the importance of continued cooperation between Pakistan and Saudi Arabia.

The meeting reaffirmed the strong and longstanding partnership between the two countries and their shared commitment to further strengthening economic and development cooperation.

The finance minister thanked Mr. Al-Marshad for the Saudi Fund for Development’s continued support and its ongoing and future development cooperation with the Government of Pakistan.

Senator Aurangzeb also recalled his recent meeting with the Finance Minister of the Kingdom of Saudi Arabia prior to his departure for Washington, D.C., noting that the interaction was productive and reflected the strength of bilateral relations.