WASHINGTON: Pakistan’s Federal Minister for Finance and Revenue Muhammad Aurangzeb on Wednesday attended the Middle East and North Africa (MENAP) Ministers and Governors meeting with the Managing Director of International Monetary Fund (IMF) Kristalina Georgieva in Washington.
In the meeting, Muhammad Aurangzeb highlighted geo-economic fragmentation and its impact on Pakistan.
He thanked the IMF and its time-tested sincere bilateral partners for their support in helping Pakistan respond to unprecedented challenges.
He further underlined aggressive reforms in Pakistan, including broadening the tax net, expanding the social safety net, privatizing loss-making SOEs, and facilitating the private sector.
Pakistan’s Finance Minister Calls for More Proactive Global Financial Safety Net
The minister called for a more responsive and proactive Global Financial Safety Net to tackle the elevated risks.
He welcomed the renewed emphasis of the IMF on Capacity Building through Regional Capacity Development Centers (RCDCs).
