Overview

• Finance Minister Muhammad Aurangzeb and IFC regional vice president Riccardo Puliti agreed in Washington to accelerate steps toward an early financial close for the Reko Diq project.
• The minister welcomed IFC’s decision to establish a regional office in Islamabad, aligning with plans to scale private investment under the 10-year Country Partnership Framework.
• Aurangzeb met IsDB President Dr Muhammad Sulaiman Al Jasser and thanked the bank for board-approved financing for two M-6 motorway sections, with both sides reviewing faster project delivery.
• The minister invited US firms to invest in oil and gas, minerals, agriculture and IT during talks with US Treasury officials, highlighting a recently agreed tariff framework and new virtual-asset legislation.
• At the Commonwealth Finance Ministers Meeting, Aurangzeb pressed for climate finance and the operationalisation of mechanisms including the Loss and Damage Fund to bolster resilience.