Washington – Federal Minister for Finance Senator Muhammad Aurangzeb held a number of important international meetings during his recent visit to Washington, D.C., aimed at promoting Pakistan’s economic development and strengthening international partnerships.
In a meeting with Asian Development Bank (ADB) President Masato Kanda, the Finance Minister requested ADB’s support in providing a partial credit guarantee for the issuance of Panda Bonds. They appreciated the bank’s long-standing partnership in Pakistan’s development and discussed the Country Partnership Strategy 2026-2030.
In a meeting with Christos Harpanditis, Vice President of Philip Morris International, the Finance Minister requested the company to share its tax proposals with the Ministry of Finance. He stressed the need to ensure effective enforcement and compliance to prevent illegal production and sale of tobacco.
In the meeting with the Moody’s commercial team, the Finance Minister was informed about the progress on the government’s structural reforms agenda. He described economic indicators such as falling inflation and increasing remittances as positive and Pakistan as being on the path of sustainable economic growth.
During the meeting with Queen Maxima of the Netherlands, discussions were held on women’s issues, increasing digital access, and effective exchange of data between institutions. The Finance Minister was informed about the progress in financial inclusion of Pakistani women and made a special mention of the National Financial Inclusion Strategy with the help of international partners.
Through these meetings, the Finance Minister has taken important steps towards Pakistan’s economic development, financial reforms, and strengthening international partnerships.
