On Tuesday 22nd of April 2025 Muhammad Aurangzeb, the finance minister, underlined the government of Pakistan’s resolve to keep the reform momentum going on.

He commended the IMF team for obtaining a Staff-Level Agreement on the Initial Review regarding the Extended Fund Facility (EFF) and an update under the Resilience and Sustainability Facility (RSF) throughout his meeting with IMF Managing Director (MD) Ms. Kristalina Georgieva in Washington, D.C.

Finance Minister Thanked The World Bank

The Finance Minister thanked the World Bank for its continued support in developing a comprehensive strategy for execution and strategy for action to bring into effect the Country Partnership Framework (CPF) and improve overall efficiency during his meeting with Ajay Banga, President of the World Bank Group.

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In addition, Muhammad Aurangzeb gave a thorough summary of Pakistan’s macroeconomic recovery and restated the government’s steadfast dedication to maintaining long-term economic stability.

Trump-Era Tariffs Have Caused Uncertainty

Additionally, the finance minister met with Robert Kaproth, assistant secretary of the US Department of the Treasury, and gave him an update on Pakistan’s improved macroeconomic metrics.

Muhammad Aurangzeb focused “current changes in debt management, state-owned companies (SOEs), energy, taxation, privatization, and pensions”.

At a US-Pakistan Business Council luncheon held at the US Chamber of Commerce, he underlined the value of sectoral growth, market diversity, and regional commerce.

Before that, Pakistan has no plans to take legal action against the tariffs placed on it by the Donald Trump administration, according to Finance Minister Muhammad Aurangzeb. In a BBC interview, the finance minister said that the Trump-era tariffs have caused uncertainty, which is why Pakistan is worried about them.