WASHINGTON – Finance Minister Muhammad Aurangzeb held a meeting with with Assistant Secretary of State for South and Central Asian Affairs Donald Lu and Principal Deputy Assistant Secretary of State Elizabeth Horst at the World Bank headquarters on Thursday.
The Finance Minister briefed American officials on Pakistan’s reform agenda during the meeting. He also reaffirmed Washington’s commitment to strengthen Pak-US relations.
The discussions also occurred on alternative energy, agriculture, water and the tech industry.
Mohammad Aurangzeb emphasized broadening the tax base, smoothing the energy sector, and prioritizing accountability.
The Finance Minister also pushed for upgrading Pakistan-US economic partnerships and discussed investment opportunities in IT, agriculture and other sectors.
During the meeting, agreements were reached to collaborate with the US International Development Finance Corporation and Exim Bank, and a request for cooperation with the IMF on new loan programs was made.
Besides it, Finance Minister Mohammad Aurangzeb met with Pakistan Staff Association of the World Bank and IMF, briefing them on the government’s reform agenda.
Discussions during the meeting covered broadening the tax base, energy sector reforms, accountability, digitization and public-private partnerships.
The Finance Minister stressed the importance of strict enforcement of fiscal discipline for economic recovery and sustainability.
