Washington dc: Finance Minister Muhammad Aurangzeb has concluded his visit to Washington DC after a series of meetings including participation in the Annual Meetings of the International Monetary Fund and the World Bank. During this visit, the focus was on enhancing Pakistan’s investment landscape and fostering international collaborations.

According to Radio Pakistan, the Finance Minister engaged with the International Finance Corporation (IFC) and welcomed its decision to upgrade Pakistan as a regional hub. He provided updates on the Reko Diq project and expressed optimism that Exim Bank would soon join the financing consortium. Furthermore, Muhammad Aurangzeb acknowledged IFC’s support in areas such as subnational finance and Digital Payment Rights, along with its advisory services in the pharmaceutical, electric vehicle, and commodity exchange sectors.

In meetings with the senior management of Abu Dhabi Commercial Bank, Aurangzeb discussed the launch of Pakistan’s Panda Bond and the revival of the Global Medium-Term Note programme. He also held discussions with JP Morgan’s senior management, focusing on digital collaboration opportunities between Saudi Arabia and Pakistan through the GO AI Hub. The Finance Minister encouraged JP Morgan to explore further areas of partnership to strengthen economic ties.