FM Aurangzeb reviews macroeconomic performance with IMF officials

FM Aurangzeb reviews macroeconomic performance with IMF officials
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Summary The finance minister highlighted improvements in the country’s fiscal and external balances, revenue collection AND foreign exchange reserves

ISLAMABAD (Dunya News) - Finance Minister Muhammad Aurangzeb met senior International Monetary Fund (IMF) officials in Washington on Thursday to review Pakistan’s macroeconomic performance and progress under the Fund’s reform programmes, the finance ministry said.

According to the ministry, Aurangzeb held meetings with senior IMF management, including 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 discussions covered Pakistan’s progress under the Extended Fund Facility (EFF), Resilience and Sustainability Facility (RSF) and the broader IMF-supported reform programme.

The finance minister highlighted improvements in the country’s fiscal and external balances, revenue collection, foreign exchange reserves, remittances and current account position.

The two sides also discussed tax and energy reforms, privatisation, tariff rationalisation, debt management, diversification of financing sources and Pakistan’s plans to return to international capital markets.

Other issues discussed included human capital development, women’s participation in the economy, demographic challenges, technology-driven growth and private sector-led, export-oriented development.

Aurangzeb thanked the IMF for acknowledging Pakistan’s programme ownership and reform progress, while reaffirming the government’s commitment to fiscal discipline, policy credibility and structural reforms.
 

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