Federal Minister for Finance and Revenue Muhammad Aurangzeb held a series of high-level meetings with senior officials of the International Monetary Fund (IMF) in Washington to review Pakistan’s economic performance and discuss progress under the country’s ongoing IMF-supported reform programmes.
During the meetings with IMF First Deputy Managing Director Dan Katz, Deputy Managing Director Nigel Clarke, Middle East and Central Asia Department Director Jihad Azour, and Pakistan Mission Chief Iva Petrova, the finance minister provided an update on Pakistan’s implementation of the Extended Fund Facility (EFF), the Resilience and Sustainability Facility (RSF), and broader structural reforms.
Aurangzeb highlighted key improvements in the country’s economic indicators, including stronger fiscal management, improved external accounts, achievement of revenue targets, rising foreign exchange reserves, record-high workers’ remittances, and a healthier current account balance.
The finance minister also briefed IMF officials on ongoing reforms aimed at strengthening Pakistan’s economy. These include measures to improve tax administration, reform the energy sector, accelerate privatization, rationalize tariffs, enhance public debt management, and diversify financing sources as the government prepares to return to international capital markets.
Discussions also focused on Pakistan’s long-term economic priorities, including investment in human capital, increasing women’s participation in the workforce, addressing demographic challenges, promoting technology-driven growth, and building a competitive, export-oriented private sector.
Aurangzeb thanked the IMF for acknowledging Pakistan’s commitment to its reform agenda and reaffirmed the government’s resolve to maintain fiscal discipline, implement structural reforms, strengthen policy credibility, and support sustainable long-term economic growth.
