Finance Minister Muhammad Aurangzeb met with Chinese officials during the IMF-World Bank Spring Meetings, where he discussed expanding financial cooperation and highlighted Pakistan's reform progress. He expressed gratitude for China's continued support at the IMF and noted that agreements on key reviews have been reached, with final approval anticipated soon. The discussions included plans for Pakistan's inaugural Panda bond issuance, aimed at diversifying funding sources and enhancing international market engagement, alongside efforts to increase the use of the Chinese currency in trade.
BUSINESSPublished 13 Apr 2026 • Published 4 days ago • Updated 13h ago
Finance Minister Aurangzeb Attends World Bank-IMF Meetings
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During the IMF-World Bank Spring Meetings, Finance Minister Aurangzeb emphasized strengthened financial ties with China, including discussions on Panda bonds and RMB trade. He confirmed progress on IMF reviews and highlighted Saudi Arabia's support, aiming for enhanced regional financial cooperation.
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