Finance Minister Muhammad Aurangzeb is scheduled to arrive in Washington, D.C. on Sunday to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank Group. Leading a high-level delegation, Aurangzeb will be joined by key officials, including the finance secretary, economic affairs secretary, the governor of the State Bank of Pakistan, and other financial sector representatives.
The week-long visit will feature critical discussions with top IMF and World Bank officials, where the delegation will participate in essential sessions covering global economic issues. These meetings, set to take place from October 21 to October 26, will culminate in the primary ministerial sessions from October 22 to 25.
In addition to attending these institutional gatherings, Pakistan’s delegation has scheduled bilateral talks with counterparts from several countries, including China, Saudi Arabia, and Turkiye, among others. High-level engagements are also planned with senior officials from the US Treasury Department, focusing on financial cooperation and economic strategies.
This year’s meetings are of particular importance for Pakistan, as they come on the heels of the IMF’s recent approval of a $7 billion loan package designed to support the country’s economic recovery. With Pakistan facing significant financial challenges, these discussions are expected to center on measures to stabilize the economy, improve fiscal discipline, and strengthen international cooperation.
Pakistan’s participation in the IMF and World Bank sessions underscores its efforts to secure continued financial support and strengthen diplomatic ties with global financial institutions and allied nations.