nder the EFF and RSF.
Providing them with an update on the Reko Diq project, the Finance Minister called for enhanced EXIM Bank support for U.S. investment in Pakistan, expressing a desire to resolve tariff issues.
In talks with JP Morgan Chase, the Finance Minister underscored Pakistan’s stable economic trajectory and plans to diversify markets. He reiterated Pakistan’s intent to return to international capital markets through an inaugural Panda Bond issuance.
While speaking at an IMF panel discussion on “Navigating an Uncertain World,” Minister Aurangzeb emphasized the importance of promoting regional trade amidst global uncertainty. He advocated for sector and market diversification and a shift from import substitution to export-led growth, identifying IT sector as a key driver.
Later, the Finance Minister met with Dev Jagadesan, Acting CEO of the U.S. International Development Finance Corporation (DFC), to discuss project pipelines, including Reko Diq, and potential U.S.-Pakistan cooperation.
The Minister also met with Baroness Chapman, Minister of State for International Development of the United Kingdom and thanked her for the UK’s longstanding partnership with Pakistan.
He briefed her on the World Bank’s 10-year Country Partnership Framework (CPF), focused on population and climate resilience. He emphasized the role of technology in improving tax administration and appreciated REMIT initiative for mapping development assistance, the press release added
