Pakistan stresses importance of trade corridors to increase

Pakistan reiterates pledge to IMF on economic reforms

Pakistan Finance Minister Muhammad Aurangzeb has reassured the International Monetary Fund (IMF) that the country would continue the reform momentum as he met IMF Managing Director Kristalina Georgieva on the opening day of the IMF-World Bank Spring Meetings 2025, the Finance Division said. The Pakistani authorities and the IMF team reached staff-level agreement on the Extended Fund Facility (EFF) in the amount equivalent to SDR 5,320 million (o…

Pakistan stresses importance of trade corridors to increase

KARACHI: Pakistan’s Finance Minister Muhammad Aurangzeb on Wednesday stressed the importance of regional trade corridors and enhanced connectivity to ensure increased investment and cooperation among nations, the Finance Division said. Aurangzeb was speaking at the G-24 Finance Ministers and Central Bank Governors’ Meeting in Washington. The Pakistani finance minister is

Focus on recovery, reforms as Aurangzeb meets IMF, World Bank heads

Diplomatic sources say talks were “constructive”; finance minister to meet Chinese counterpart later this wek.

Finance Minister urges embedding climate considerations into macroeconomic, financial policies

Washington: Finance Minister Muhammad Aurangzeb has called for embedding climate considerations into macroeconomic and financial policies and design invest-able and bankable climate projects. He was participating in the 13th Ministerial Meeting of the Coalition of Finance Ministers for Climate Action held on the sidelines of the IMF-World Bank Spring Meetings 2025 in Washington. The Minister highlighted Pakistan’s efforts to address climate chan…

The South Centre | South Centre Statement to G-24, 22 April 2025

STATEMENT BY DR. CARLOS CORREA, EXECUTIVE DIRECTOR OF THE SOUTH CENTRE, TO THE MINISTERS AND GOVERNORS MEETING OF THE INTERGOVERNMENTAL GROUP OF TWENTY-FOUR (G24)  22 April 2025, Washington, D.C. The South Centre statement to the G24 Ministerial Meeting highlights the risks of a darkening global economic outlook and need for collective action at UN and FfD4 for addressing systemic issues & reforming the international financial architecture, espe…

FinMin highlights Pakistan’s macroeconomic stability at G-24 meeting

April 22, 2025 (MLN): The country’s progress in achieving macroeconomic stability was highlighted by Federal Minister for Finance and Revenue Muhammad Aurangzeb during his address at the G-24 Finance Ministers and Central Bank Governors’ Meeting. The meeting was held in Washington on the sidelines of the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group. In his capacity as the Second Vice Chair of the G-24, t…