Washington D.C.: Finance Minister Muhammad Aurangzeb, speaking at the 2025 World Bank and IMF Spring Meetings, underscored the critical need for climate resilience, foreign investment, and economic diversification. His comments came during a series of high-level engagements in Washington D.C., where he sought to advance Pakistan’s economic agenda.

In a dialogue focused on responding to loss and damage, Aurangzeb called for expedited financial support to nations most vulnerable to climate change. His appeal highlighted the urgent need for international cooperation in addressing climate-related challenges.

The Finance Minister met with Hiroshi Matano, Executive Vice President of the Multilateral Investment Guarantee Agency. Aurangzeb expressed optimism over MIGA’s forthcoming mission to Pakistan, signaling a potential agreement by the year’s end.

Aurangzeb’s discussions with Thomas Lersten, a senior official from the U.S. State Department, included gratitude for U.S. involvement in Pakistan’s Minerals Conference. The talks aimed at strengthening bilateral ties and promoting investment opportunities in Pakistan’s mineral sector.

Meeting with Makhtar Diop, Managing Director of the International Finance Corporation, Aurangzeb highlighted Pakistan’s macroeconomic indicators, noting a recent credit rating upgrade by Fitch. His discussions focused on fostering investor confidence in Pakistan’s economic landscape.

The Finance Minister also engaged with representatives from the United States Export-Import Bank, led by Jim Barrows. He updated them on Pakistan’s fiscal consolidation measures and the progress of the Reko Diq project, encouraging enhanced U.S. investment.

Furthermore, Aurangzeb’s meeting with JP Morgan Chase emphasized Pakistan’s stable economic trajectory and the country’s intentions to diversify its markets.

At an IMF panel discussion, Aurangzeb advocated for regional trade as a strategy to navigate global economic uncertainties. His remarks were part of a broader effort to position Pakistan as a proactive player in regional commerce.