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Home Economic Empowerment Business

Federal Minister for Finance and Revenue Highlights Pakistan’s Economic Agenda

webdesk by webdesk
April 22, 2025
in Business
Reading Time: 2 mins read
Federal Minister for Finance and Revenue Highlights Pakistan’s Economic Agenda
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Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, Engages with Deloitte and IFC Leaders at World Bank Group/IMF Spring Meetings 2025

During the World Bank Group/IMF Spring Meetings 2025, Senator Muhammad Aurangzeb, Federal Minister for Finance and Revenue, met with representatives from Deloitte and the International Finance Corporation (IFC) to discuss Pakistan’s economic priorities and collaborative opportunities.

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Meeting with Deloitte: Senator Aurangzeb briefed Deloitte on Pakistan’s macroeconomic outlook, the government’s sectoral development agenda, and priorities for export-led growth. Discussions also focused on cooperation in energy sector reforms, critical minerals extraction and marketing, privatization initiatives, technology, crypto policy, and the operationalization of the Country Partnership Framework (CPF). The Minister welcomed Deloitte’s upcoming visit to Pakistan in May 2025, emphasizing the potential for mutual cooperation and advancement.

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Meeting with IFC: In a separate meeting, Senator Aurangzeb engaged with Ms. Hela Cheikhrouhou, Regional Vice President of IFC, and her team. The discussions centered on private sector reforms, energy transition strategies, robust municipal finance practices, and initiatives for achieving full employment. The Minister acknowledged IFC’s pivotal role in securing $2.5 billion in debt financing for the Reko Diq Copper & Gold Mine Project in Balochistan. He underscored the importance of ensuring that local communities benefit significantly from the project’s outcomes.

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These meetings underscore Pakistan’s commitment to fostering economic growth through strategic partnerships and targeted reforms, aiming to enhance national development and sustainable prosperity.

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