Washington: In a pivotal meeting with Mashreq Bank’s leadership, Finance Minister Mr. Muhammad Aurangzeb highlighted the recent economic achievements of Pakistan and discussed future financial collaborations. The talks were centered on Pakistan’s reforms under the International Monetary Fund’s Extended Fund Facility and the expansion of Mashreq Bank’s operations in Pakistan.
According to Press Information Department, Mr. Aurangzeb provided an update on the substantial economic reforms undertaken following the conclusion of the IMF agreement, which are aimed at bolstering Pakistan’s macroeconomic stability and enhancing its appeal to international investors. The Minister welcomed Mashreq Bank’s decision to expand its footprint in Pakistan, including the establishment of a new office and the anticipated approval of a digital banking license, reflecting a robust confidence in Pakistan’s financial market.
The meeting underscored the mutual interest in fostering a deeper financial relationship and supporting economic growth through increased foreign banking involvement and investment in Pakistan.