Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, attended a luncheon hosted by the US-Pakistan Business Council, where he interacted with representatives of U.S. companies operating in Pakistan, on the sidelines of the World Bank–IMF Spring Meetings 2026.
During the session, the Finance Minister briefed participants on Pakistan’s macroeconomic outlook and reform progress. He highlighted that Pakistan had secured a Staff-Level Agreement (SLA) with the International Monetary Fund (IMF) on the third review of the Extended Fund Facility (EFF) and the second review of the Resilience and Sustainability Facility (RSF), with approval by the IMF Executive Board expected shortly.
The Finance Minister also outlined the economic impact of the ongoing conflict in the Middle East, particularly in terms of energy procurement, pricing, and logistics. He elaborated on the government’s policy response, including measures focused on supply chain stabilization, demand management, and the provision of fiscally-neutral targeted subsidies.
Senator Aurangzeb highlighted emerging positive developments, including a significant surge in transshipment volumes through Karachi Port and record inflows under the Roshan Digital Account initiative.
On the domestic reform agenda, the Finance Minister underscored ongoing efforts to broaden the tax base, with a particular focus on bringing segments of the informal professional economy into the tax net through targeted Federal Board of Revenue (FBR) audits and sector-specific engagement.
The session concluded with an interactive question-and-answer segment, reflecting strong interest from participants in Pakistan’s economic trajectory and reform agenda.
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