Bangkok: Finance Minister Muhammad Aurangzeb has reiterated his commitment to the Reko Diq mining project during a meeting with Imad Fakhoury, the International Finance Corporation’s Regional Vice President for the Middle East and Central Asia. The meeting took place on the sidelines of the World Bank Group-IMF Annual Meetings.
According to Radio Pakistan, the discussions centered on enhancing the IFC’s support for private-sector-led growth and job creation, with a focus on converting macroeconomic stability into sustainable development. The meeting reviewed key areas such as the IFC’s expanding portfolio, financing for small businesses, entrepreneurship initiatives, capital markets, and the issuance of green and digital bonds.
The finance minister expressed appreciation for the IFC’s leadership in financing and underscored the government’s commitment to the Reko Diq project. The conversation also addressed topics like mining infrastructure and value addition, affordable housing and developer financing, as well as agricultural development through improved storage systems, cold chains, and electronic warehouse receipt financing.