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Pakistan, IFC Push Early Financial Close for Reko Diq at IMFWorld Bank Meetings

IsDB financing for two M‑6 sections underscores broader project support.

Overview

  • Finance Minister Muhammad Aurangzeb began his Washington schedule with a meeting with IFC regional vice president Riccardo Puliti.
  • Both sides committed to steps to accelerate completion of Reko Diq financing, with the financial close still pending.
  • Pakistan welcomed IFC’s plan for a regional office in Islamabad to deepen private‑sector investment under the 10‑year Country Partnership Framework.
  • Aurangzeb also met IsDB President Dr Muhammad Sulaiman Al Jasser to review ongoing projects, thank the bank for long‑term support, and urge faster implementation.
  • IsDB’s board approved financing for two sections of the M‑6 motorway, as both parties signaled continued cooperation on polio efforts, oil financing, and a new Country Engagement Framework.