Business Recorder
Pakistan and the International Monetary Fund (IMF) discussed on Tuesday progress on fiscal and structural reforms and ongoing efforts to enhance revenue mobilization. This was agreed during a meeting between Federal Minister for Finance and Revenue Muhammad Aurangzeb and Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad Azour on the sidelines of the World Bank–IMF Spring Meetings 2026. During the meeting, Aurangzeb briefed Azour on the economic impact of the ongoing conflict in the Middle East, describing it as one of the most significant supply shocks in recent times, said the Ministry of Finance. The minister highlighted that the government was actively managing the second and third-order effects of the crisis, particularly in relation to economic growth and inflation. READ MORE: Aurangzeb departs for World Bank Group-IMF Spring Meetings 2026 “The Finance Minister also underscored Pakistan’s successful Eurobond repayment and reaffirmed the government’s commitment to meeting all other bilateral and multilateral external obligations in a timely manner,” said the statement. The ministry said that both sides agreed on the importance of maintaining macroeconomic stability as a foundation for sustainable and inclusive economic growth. During their meeting, Aurangzeb also expressed appreciation for the successful Staff-Level Agreement (SLA) and conveyed his expectation for early approval by the IMF Executive Board to sustain the momentum of Pakistan’s reform program.
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