Aurangzeb holds key economic meetings in Washington

Muhammad Aurangzeb continued his engagements in Washington DC on the fourth day of his official visit, holding a series of high-level meetings aimed at strengthening Pakistan’s economic partnerships and improving access to global financial markets.

On the sidelines of the IMF World Bank Spring Meetings 2026, the finance minister met China’s Finance Minister Lan Fo’an and expressed gratitude for Beijing’s continued support for Pakistan’s economic stability. He highlighted that a growing share of bilateral trade between Pakistan and China is now being conducted in Chinese yuan.

Aurangzeb also held a separate meeting with Pan Gongsheng, appreciating China’s consistent backing for Pakistan at the International Monetary Fund’s executive board.

In another key engagement, he met Abdulhamid Alkhalifa, where both sides expressed satisfaction over ongoing cooperation and development projects in Pakistan.

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During discussions with representatives of Moody’s, the finance minister outlined Pakistan’s medium-term strategy to regain access to international financial markets and reaffirmed the government’s commitment to economic reforms.

Aurangzeb also attended a signing ceremony of an important financial agreement between the Saudi Fund for Development and the State Bank of Pakistan, under which the tenure of a $3 billion Saudi deposit was extended, strengthening Pakistan’s external financial position.

Additionally, he participated in an investment seminar hosted by JPMorgan Chase, where he assured global investors that Pakistan remains committed to meeting its external financial obligations on time.

The meetings reflect Pakistan’s ongoing efforts to secure international support and restore investor confidence in its economy.