PR No. 142
Washington DC: April 18, 2024

Mr. Donald Lu, Assistant Secretary and Ms. Elizabeth Horst, Principal Deputy Assistant Secretary of US State Department met Finance Minister Mr Mohammad Aurangzeb at World Bank headquarters to underline the political will in Washington to strengthen Pak-US ties. The emphasis during the meeting was on upgrading economic partnerships, with special emphasis on alternate energy, agriculture, climate resilience, and tech industry. The Minister briefed them on Pakistan’s reform agenda encompassing broadening the tax base, streamlining the energy sector and fast-tracking the privatization process of state-owned enterprises. He identified emerging opportunities for American investments in IT, renewables, agriculture and minerals extraction. The Minister said that Pakistan will work closely with US International Development Finance Corporation and Exim Bank.
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