Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, commenced his engagements for the day at the World Bank-IMF Spring Meetings 2026 by participating in the G-24 Finance Ministers and Central Bank Governors’ Meeting.
In his intervention as First Vice Chair of the G-24, the Finance Minister highlighted that the global economy continues to face significant strain from successive shocks, most recently the geopolitical tensions in the Middle East, which have led to a major supply shock affecting energy markets, fertilizers, and broader financial conditions.
He underscored the importance of de-escalation, safeguarding critical maritime and energy corridors, and the sustained pursuit of peace to ensure global economic stability.
Senator Aurangzeb emphasized Pakistan’s support for the ongoing review of IMF program design and conditionality, stressing the need to preserve strong macroeconomic stability anchors while allowing greater flexibility to address macro-critical risks and advance growth and employment objectives.
The Finance Minister also underlined the importance of an early and substantive review of IMF surcharges, highlighting its significance for developing economies.
He further emphasized the need to deepen collaboration with the World Bank in areas such as job-intensive investment, infrastructure development, and innovative financing solutions to support sustainable growth.
Reaffirming Pakistan’s commitment to resilience, inclusion, and shared prosperity, the Finance Minister called for enhanced global cooperation to effectively address emerging economic challenges.
