Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met with Mr. Makhtar Diop, Managing Director of the International Finance Corporation (IFC), and his team on the sidelines of the IMF–World Bank Spring Meetings in Washington, D.C.
The Finance Minister thanked Mr. Diop for his visit to Pakistan in March 2025. He briefed the delegation on the strong macroeconomic indicators of the country and the recent sovereign credit rating upgrade by Fitch, terming it an external validation of the government’s successful reform initiatives.
The Minister appreciated IFC’s support for the Reko Diq project and urged the Corporation to expedite its advisory work on the Karachi airport.
He agreed with the IFC Managing Director on the need to focus more on subnational governments and build their capacities for enhanced development impact.
