Finance Minister Muhammad Aurangzeb has departed for the United States to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank, where he will represent Pakistan in a series of high-level sessions, policy dialogues, and bilateral meetings with global financial leaders. The visit is viewed as a crucial opportunity for Pakistan to strengthen its economic partnerships and advance discussions on fiscal reforms, investment, and development financing.
According to the Ministry of Finance, Aurangzeb will participate in the plenary sessions of both the IMF and World Bank annual meetings, where key issues related to global economic stability, inflation control, sustainable development, and debt management will be discussed. He will also hold one-on-one meetings with top officials from the IMF and World Bank to review Pakistan’s economic performance and explore avenues for enhanced cooperation.
During his six-day visit, the Finance Minister will meet senior representatives of the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), two major World Bank Group institutions that focus on private sector development and investment risk mitigation. A significant highlight of his trip will be a formal meeting with World Bank President Ajay Banga. Aurangzeb has also been invited by Banga to a special dinner gathering of finance ministers from select countries, underscoring Pakistan’s relevance in global economic discussions.
In addition, the Finance Minister will meet IMF Managing Director Kristalina Georgieva to discuss Pakistan’s ongoing financial challenges, the implementation of structural reforms, and the progress toward a potential new IMF program. The meeting is expected to focus on Pakistan’s macroeconomic stabilization efforts, including fiscal discipline, energy sector reforms, and digital taxation.
Aurangzeb will also participate in a World Bank–hosted regional roundtable on the digital transformation of tax systems, where the Federal Board of Revenue (FBR) will present Pakistan’s recent initiatives to enhance tax collection efficiency through technology. Tax officials from various countries will share their reform experiences at the event, offering Pakistan an opportunity to benchmark best practices in fiscal modernization.
Furthermore, the Finance Minister is scheduled to attend two major events organized by the World Economic Forum (WEF), where he will highlight Pakistan’s economic recovery efforts, its investment potential in renewable energy, and its commitment to sustainable development. On the sidelines of these meetings, Aurangzeb will also hold bilateral engagements with his counterparts from China, the United Kingdom, Saudi Arabia, Türkiye, and Azerbaijan to discuss trade, investment, and financial cooperation.
In addition to his multilateral and bilateral meetings, Finance Minister Aurangzeb’s itinerary includes scheduled interactions with senior officials at the White House and a meeting with the Chairman of the U.S. House Financial Services Committee. These discussions are expected to focus on strengthening Pakistan-U.S. economic relations, improving financial governance, and expanding opportunities for investment and trade.
Aurangzeb will also engage with representatives from prominent international and American media outlets, giving interviews to highlight Pakistan’s economic priorities, reform agenda, and outlook for fiscal stability.
Over the course of his six-day visit, the Finance Minister is slated to attend more than 65 events, forums, and meetings — a packed schedule that reflects Pakistan’s proactive approach to re-engaging with international financial institutions and global investors. Officials say that the visit aims to build confidence in Pakistan’s economic trajectory and attract foreign support for its ongoing reform and development programs.
Observers believe that Aurangzeb’s discussions in Washington will be critical in shaping Pakistan’s next phase of economic strategy, particularly as the government seeks a new extended program with the IMF to ensure fiscal stability and long-term growth.
