Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue, met with Mr. Jihad Azour, the Director of the IMF’s Middle East and Central Asia Department, to talk about reforms and economic performance.
Both sides reviewed progress on revenues, inflation, growth and the current account, noting Pakistan’s resilience despite regional conflict. They outlined energy procurement and winter preparedness measures, alongside adequate fertilizer supplies to safeguard food security.
Longer loan maturities, smaller external repayment requirements, lower future foreign exchange liabilities, and higher reserves were all discussed.
The Finance Minister reiterated the commitment to protecting social expenditure while maintaining primary surpluses, lowering public debt, and promoting growth-friendly tax reforms.
To improve resilience and creditworthiness, both parties talked about export-oriented growth, increased private sector involvement, and privatization.
They emphasized the importance of sustaining reform momentum, political commitment, and effective communication, highlighting the connection between national security and economic stability.