Islamabad, October 11, 2025: Finance Minister Muhammad Aurangzeb departed for the United States on Saturday to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank, the Ministry of Finance said in a statement.
The visit comes at a critical juncture as Pakistan seeks to finalise an early staff-level agreement (SLA) with the IMF under its ongoing loan programmes.
An IMF mission, led by Iva Petrova, visited Karachi and Islamabad from September 24 to October 8, holding discussions on the second review of the $7 billion Extended Fund Facility (EFF) and the first review under the $1.4 billion Resilience and Sustainability Facility (RSF). Both sides concluded their review talks this week, with Pakistan expecting disbursement of $400 million under the RSF upon approval.
A day earlier, the finance minister expressed optimism that the staff-level agreement would be finalised during his visit to Washington.
During his six-day trip, Aurangzeb will hold high-level meetings with senior officials of the IMF, World Bank, International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). He is also scheduled to meet World Bank President Ajay Banga in a one-on-one meeting and attend a dinner hosted by Banga for finance ministers of select countries.
Aurangzeb will meet IMF Managing Director Kristalina Georgieva during the sessions of the G24 and MENAP (Middle East, North Africa, and Pakistan) groups, where he will deliver a keynote address.
The finance minister will participate in a World Bank roundtable on the digital transformation of Pakistan’s Federal Board of Revenue (FBR), alongside tax authorities from other countries. He is also set to take part in events hosted by the World Economic Forum (WEF) and hold bilateral meetings with his counterparts from China, the United Kingdom, Saudi Arabia, Turkiye, and Azerbaijan.
His itinerary includes meetings with senior White House officials, and representatives from the U.S. Departments of State and Treasury, as well as the International Development Finance Corporation (DFC).
Aurangzeb will also engage with members of the U.S.–Pakistan Business Council to discuss investment opportunities and taxation proposals.
According to the finance ministry, the minister is expected to meet with representatives of global credit rating agencies, commercial banks, and investment firms, while addressing several investment forums and seminars to promote Pakistan’s economic outlook.
He will also visit leading U.S. think tanks, including the Atlantic Council and the Peterson Institute of International Economics (PIIE), and give interviews to international media outlets.
The ministry said Aurangzeb’s visit includes over 65 official engagements, underlining Pakistan’s efforts to strengthen global investor confidence and consolidate international economic partnerships.
