Pakistan, US discuss economic reforms, external financing
Baku, October 16, AZERTAC
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Friday met Under Secretary for International Affairs US Department of the Treasury, Erin Browne and discussed Pakistan’s economic outlook, reform agenda and external financing strategy, according to the Associated Press of Pakistan (APP).
On the sidelines of the World Bank Group–IMF Annual Meetings 2026, the minister highlighted Pakistan’s US$3 billion Eurobond issuance in September and plans to diversify financing through Sukuk, Panda bonds and other instruments, said a news release.
He outlined progress under the IMF programme, tax reforms, three consecutive years of primary surpluses and foreign exchange reserves of approximately US$21.6 billion.
The discussions also covered the regional conflict’s implications for energy, inflation and food security, as well as measures to ensure supplies and prepare for winter demand.
The minister emphasized export-led growth, stronger IT exports, improved goods competitiveness and debt sustainability to support progress towards a BB sovereign rating.
He also discussed privatization, airport outsourcing, engagement with Boeing and potential US EXIM Bank financing, expressing deep appreciation for continued US support.
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