Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with a team from Standard Chartered Bank led by Mr. Roberto Hoornweg on the sidelines of the IMF–World Bank Spring Meetings in Washington, D.C.
The Finance Minister thanked Standard Chartered Bank for stepping up to bridge the financing gap at a crucial time for Pakistan.
He briefed the delegation on the improving macroeconomic outlook of the country and the government’s ongoing privatization programme aimed at fostering private sector participation and enhancing economic efficiency.
The Minister expressed Pakistan’s desire to return to international capital markets on the back of the recent sovereign credit rating upgrade by Fitch, terming it a positive external validation of the government’s reform agenda.
