Pakistan’s Finance Minister Muhammad Aurangzeb has assured the International Monetary Fund (IMF) that the country remains firmly committed to continuing its economic reform agenda. He met with IMF Managing Director Kristalina Georgieva at the start of the IMF-World Bank Spring Meetings 2025 in Washington, reaffirming Pakistan’s dedication to stabilizing its economy. He also extended an invitation to Georgieva on behalf of the Prime Minister to visit Pakistan.
This comes as Pakistan works through a $7 billion IMF loan program approved in late 2024 and a newly agreed $1.3 billion arrangement under a broader 37-month economic reform package. Analysts see the IMF’s support as vital, providing both a financial safety net and a clear path for reform.
During his visit, Aurangzeb also met with World Bank President Ajay Banga to thank the institution for its long-standing support. He praised the Bank’s Country Partnership Framework (CPF), a 10-year plan aimed at creating measurable development impacts in Pakistan. He noted progress on an implementation strategy that focuses on increasing efficiency and delivering real results on the ground.
In addition, Aurangzeb held discussions with Deloitte representatives about Pakistan’s economic outlook and growth strategy, which prioritizes export-led development and sectoral reforms. Deloitte is expected to visit Pakistan in May 2025 to further explore opportunities, especially in key areas like energy, mining, technology, privatization, and crypto regulation.
He also met with Robert Kaproth, a senior U.S. Treasury official, to discuss Pakistan’s macroeconomic progress and structural reforms. Aurangzeb outlined improvements in tax collection, energy management, and the restructuring of state-owned enterprises, pensions, and public debt.
The message from Pakistan’s finance chief was clear: the government is focused on long-term economic stability, driven by reforms, foreign investment, and strategic partnerships.
