Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, accompanied by the Governor of the State Bank of Pakistan (SBP), met with Ms. Erin Browne, Under Secretary for International Affairs, US Department of the Treasury, on the sidelines of the World Bank Group–IMF Annual Meetings 2026 to discuss Pakistan’s economic outlook, reforms and external financing.
The Finance Minister highlighted Pakistan’s US$3 billion Eurobond issuance in September and plans to diversify financing through Sukuk, Panda bonds and other instruments. He outlined progress under the IMF programme, tax reforms, three consecutive years of primary surpluses and foreign exchange reserves of approximately US$21.6 billion.
Discussions covered the regional conflict’s implications for energy, inflation and food security, as well as measures to ensure supplies and prepare for winter demand. The Finance Minister emphasized export-led growth, stronger IT exports, improved goods competitiveness and debt sustainability to support progress towards a BB sovereign rating.
He also discussed privatization, airport outsourcing, engagement with Boeing and potential US EXIM Bank financing, expressing deep appreciation for continued US support.
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