KARACHI: Finance Minister Muhammad Aurangzeb met senior US officials, business leaders and global financial institutions in Washington DC this week, underscoring Pakistan’s diplomatic and economic push to attract foreign investment and expand bilateral cooperation.
The meetings come as Pakistan implements reforms under a $7 billion IMF program, with the World Bank projecting 2.6 percent GDP growth in FY 2026 and the IMF forecasting 3.6 percent. The government has emphasized improving macroeconomic stability, reducing inflation and expanding export competitiveness to sustain recovery.
Officials say Pakistan’s ongoing outreach in Washington aims to consolidate investor confidence, accelerate project implementation and strengthen financial partnerships as the country rebuilds after years of economic turbulence and climate-related setbacks.
“Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has welcomed successful negotiations with the US administration leading to a tariff deal,” the Finance Division said in a statement after the leader met Robert Kaproth, Assistant US Treasury Secretary for International Finance, and Counselor Jonathan Greenstein.
In July, Pakistan and the United States concluded a tariff agreement that officials said reduced duties on Pakistani exports to 19 percent — the lowest among South Asian economies — a development that strengthened Islamabad’s case for deeper economic engagement with Washington.
