Senator Muhammad Aurangzeb, Pakistan’s Finance Minister, concluded the fourth day of his visit to Washington, DC, for the Spring Meetings of the IMF and World Bank with a series of successful meetings with financial institutions, rating agencies, and major companies.
His day began with a meeting with Andrew Torre, VISA’s Regional Vice President, where the Finance Minister praised VISA’s role in Pakistan’s digital economy and its efforts to improve financial inclusion. He also discussed the government’s support for VISA’s expansion in the country.
Aurangzeb also met with Christos Harpanditis of Philip Morris International, where they discussed the improving business environment in Pakistan and the need to tackle illicit cigarette production. At a seminar by JP Morgan, the Finance Minister shared Pakistan’s positive economic indicators, which contributed to a recent upgrade in the country’s credit rating by Fitch.
The Finance Minister held meetings with the Asian Development Bank (ADB) President, Fitch Ratings, and Moody’s, discussing Pakistan’s ongoing reforms and strong economic outlook. He also met with the World Bank’s Sangbu Kim to discuss progress on Pakistan’s digital reforms.
At the V20 Ministerial Dialogue on climate change, Aurangzeb highlighted Pakistan’s efforts on climate resilience and called for more support for vulnerable nations.
The Finance Minister wrapped up his visit with a meeting with Standard Chartered Bank, where he thanked the bank for its support and discussed Pakistan’s plans for privatization and re-entering international capital markets.
Through these meetings, Aurangzeb emphasized Pakistan’s commitment to reforms and international financial cooperation.
