Bangkok: Pakistan’s Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged in a series of high-level discussions at the IMF-World Bank Annual Meetings in Bangkok. The minister focused on international financial architecture, human capital development, and investment opportunities while addressing challenges faced by developing economies.
According to Press Information Department, Senator Aurangzeb, in his capacity as First Vice-Chair of the G-24, underscored the need for reforming the international financial system to support countries facing external shocks. At a World Bank roundtable, he highlighted the importance of addressing Pakistan’s rapid population growth and its implications for health, education, and employment. He advocated for integrated policies to leverage the demographic dividend.
In meetings with the Saudi Fund for Development and the International Finance Corporation, the Finance Minister discussed private-sector growth and investment opportunities, including projects supported by the Saudi Fund and the IFC’s expanding portfolio. He noted progress in Pakistan’s macroeconomic position and renewed access to international capital markets.
Participating in various investor roundtables, the minister emphasized Pakistan’s improving fiscal and external balances, alongside ongoing reforms in taxation, energy, and state-owned enterprises. He addressed geopolitical risks and reaffirmed the government’s commitment to sustaining reform momentum to strengthen investor confidence.