Washington, D.C.: The Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, recently met with Dan Katz, the First Deputy Managing Director of the International Monetary Fund (IMF), to discuss program continuity and the impact of external shocks on Pakistan’s economy. The meeting took place during the World Bank-IMF Spring Meetings 2026.

According to Press Information Department, the Finance Minister acknowledged the IMF mission team’s efficient handling of the third review under the Extended Fund Facility (EFF) and the second review under the Resilience and Sustainability Facility (RSF). He noted that a staff-level agreement had been reached, pending approval by the IMF Executive Board.

During the discussions, the Finance Minister highlighted the immediate effects of the ongoing conflict on Pakistan’s economy, particularly concerning energy procurement and logistics. He detailed the government’s policy measures, which include demand management strategies and fiscally-neutral targeted subsidies aimed at protecting the vulnerable populations.

Furthermore, the Finance Minister briefed the IMF leadership on Pakistan’s assessment of the broader effects of the crisis, including impacts on inflation, growth, exports, and remittances. He also welcomed the anticipated visit of the IMF mission next month for budget discussions, which will cover taxation matters.

The Finance Minister reiterated Pakistan’s commitment to the program anchor, emphasizing its importance as a credible source of stability and market confidence amid the external challenges.