FinMin to attend IMF, World Bank meetings

Federal Minister for Finance Muhammad Aurangzeb departed for the United States to attend annual meetings of the International Monetary Fund (IMF) and the World Bank.

The minister will represent Pakistan at plenary sessions of both the IMF and the World Bank, according to a press release issued by the finance ministry on Saturday.

During his six-day visit, Muhammad Aurangzeb is scheduled to hold meetings with senior officials of the IMF, World Bank, International Finance Corporation and Multilateral Investment Guarantee Agency. He will meet World Bank President Ajay Banga in a one-on-one meeting and attend a dinner hosted by Banga for the finance ministers of select countries.

The minister is also scheduled to meet IMF Managing Director Kristalina Georgieva at the platforms of G24 and MENAP (Middle East, North Africa and Pakistan) countries, where he will deliver a keynote address.

Aurangzeb will participate in a regional roundtable, organised by the World Bank, on digital transformation of the Federal Board of Revenue, which will also be attended by tax authorities from other countries.

He will take part in two major events hosted by the World Economic Forum (WEF) and hold bilateral meetings with his counterparts from China, the United Kingdom, Saudi Arabia, Turkiye and Azerbaijan.

The finance minister's schedule also includes meetings with senior White House officials, the chairman of the US Congress Financial Services Committee and representatives from the US State and Treasury Departments and the International Development Finance Corporation.

He will engage with office-bearers and members of the US-Pakistan Business Council to discuss tax proposals and investment opportunities in Pakistan.