PR No. 122

Finance Minister Meets U.S. Treasury Official to Discuss Economic Reforms and External Outlook

Washington, D.C.: April 14, 2026

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a productive meeting with Mr. Jonathan Greenstein, Deputy Under Secretary for International Affairs at the U.S. Department of the Treasury, on the sidelines of the World Bank–IMF Spring Meetings 2026.

During the meeting, the Finance Minister highlighted the successful Staff-Level Agreement (SLA) reached with the International Monetary Fund (IMF), reaffirming Pakistan’s continued commitment to its reform program.

He noted that Pakistan had successfully met its Eurobond payment obligation of USD 1.3 billion and reiterated the government’s resolve to honour all forthcoming external financial obligations in a timely manner.

The two sides also discussed the economic implications of the ongoing conflict in the Middle East, particularly its impact on remittances and Pakistan’s external sector. The Finance Minister apprised the U.S. side of the measures being undertaken to manage both the first and second-order effects of the conflict, as well as ongoing efforts to strengthen foreign exchange reserves.

Both sides expressed their intent to further deepen economic engagement and looked forward to building a more resilient and diversified economic partnership, anchored in shared interests of regional stability and sustainable growth.

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