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Friday, June 21, 2024  
14 Dhul-Hijjah 1445  

Aurangzeb meets US officials, including Donald Lu, in Washington

Minister stresses need for upgrading Pak-US Economic ties
Photo via Ministry of Finance
Photo via Ministry of Finance

Federal Minister of Finance and Revenue Muhammad Aurangzeb met US Assistant Secretary of State for South and Central Asian Affairs Donald Lu and Principal Deputy Assistant Secretary of the US Department of State Elizabeth Horst on Wednesday.

The meeting was held at the World Bank headquarters where the finance minister briefed the US officials on Pakistan’s reform agenda. Both delegations agreed to further strengthen Pak-US relations in the meeting.

Alternative energy, agriculture, climate and tech industry issues were also discussed in the meeting. The finance minister also stressed upgrading Pakistan-US economic partnership.

Aurangzeb also discussed investment opportunities in IT, agriculture and other sectors with the US officials

Mohammad Aurangzeb said that Pakistan will work together with US International Development Finance Corporation, Pakistan will also work with Exim Bank.

The minister attended the Middle East and North Africa (MENAP) Ministers and Governors meeting with the Managing Director International Monetary Fund (IMF), according to a press release.

He thanked IMF, Multilateral Development Banks (MDBs)and its time-tested sincere bilateral partners for their support in helping the country respond to unprecedented challenges.

He further underscored aggressive reforms including broadening the tax net, privatizing loss making SOEs, expanding social safety net and facilitating the private sector.

He also underlined the importance of re-channeling of SDRs, review of surcharges policy and prioritizing the RST in view of climate vulnerabilities.

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Muhammad Aurangzeb