Aurangzeb reviews reform progress with IMF leadership as Pakistan pushes ahead with EFF programme

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a series of meetings with senior International Monetary Fund (IMF) officials, including First Deputy Managing Director Dan Katz, Deputy Managing Director Nigel Clarke, Middle East and Central Asia Department Director Jihad Azour, and Pakistan Mission Chief Iva Petrova.

During the meetings, Aurangzeb reviewed Pakistan's macroeconomic performance and progress under the IMF-supported Extended Fund Facility (EFF), Resilience and Sustainability Facility (RSF), and the broader reform programme.

The finance minister highlighted improvements in the country's fiscal and external balances, achievement of revenue targets, higher foreign exchange reserves, record remittance inflows and a stronger current account position.

The discussions also covered tax and energy sector reforms, privatization, tariff rationalization, debt management, diversification of financing sources and Pakistan's planned return to international capital markets.

Both sides exchanged views on human capital development, women's economic participation, demographic challenges, technology-driven growth and private sector-led, export-oriented development.

Aurangzeb concluded the meetings by thanking the IMF for recognizing Pakistan's commitment to its reform programme and reaffirmed the government's resolve to maintain fiscal discipline, strengthen policy credibility, advance structural reforms and support long-term economic transformation.