Washington, D.C.: Senator Muhammad Aurangzeb, Pakistan’s Federal Minister for Finance and Revenue, engaged in discussions with Tsutomu Yamamoto, Managing Director of the Multilateral Investment Guarantee Agency (MIGA), to explore avenues for enhancing trade finance and investment facilitation. The dialogue took place during the World Bank-IMF Spring Meetings 2026, focusing on mechanisms to support Pakistan’s economic landscape.

According to Press Information Department, the meeting highlighted MIGA’s proposed short-term trade finance facility, which could provide up to USD 500 million. This facility aims to support the financing of key imports such as food, fertilizer, energy, and essential machinery. Minister Aurangzeb stressed the urgency of implementing the facility to address Pakistan’s external financing requirements effectively.

The discussions also covered ongoing arbitration cases and their financial implications. Minister Aurangzeb expressed belief in MIGA’s ability to mediate these issues, fostering investor confidence and safeguarding national interests. He reiterated Pakistan’s dedication to sustainable investment and economic stability, emphasizing continued collaboration with MIGA to cultivate a favorable investment environment.