Washington: Finance Minister Muhammad Aurangzeb has called for greater financial and technical support among developing countries to navigate global economic challenges effectively. He was delivering a statement at the G-24 Finance Ministers and Central Bank Governors’ Meeting in Washington on Tuesday, on the sidelines of the 2025 Spring Meetings of the IMF and the World Bank Group.

According to Radio Pakistan, the Minister highlighted the macroeconomic stability achieved by Pakistan, due to the resilience of the banking system and the government’s ongoing structural reforms. He emphasized the importance of maintaining the reform trajectory in view of evolving geopolitical dynamics, demand fragmentation, rising protectionism, and the risks of spillovers and exogenous shocks, including trade tariffs.

Muhammad Aurangzeb underscored the importance of regional trade corridors, enhanced connectivity, and South-South cooperation as key drivers for increasing investment and trade flows.