Washington: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with Makhtar Diop, the Managing Director of the International Finance Corporation, to discuss the economic impact of the ongoing Middle East conflict. The meeting took place on the sidelines of the World Bank-IMF Spring Meetings 2026, focusing on strategies for economic stability and growth.
According to Radio Pakistan, the Finance Minister emphasized Pakistan’s vigilance in monitoring the situation and its effective response strategies. He acknowledged the International Finance Corporation’s support in mobilizing local currency financing and expressed the need for enhanced cooperation to stimulate private sector investment, productivity, and job creation.
Senator Aurangzeb also called for the IFC’s assistance in developing Pakistan’s capital markets. He noted the corporation’s significant role in trade finance and advocated for closer collaboration with the Prime Minister’s Task Force on Agriculture to foster growth and innovation in the sector. The meeting highlighted the ongoing partnership between Pakistan and the IFC, with both parties committed to achieving sustainable economic growth through private sector development.