Overview

• Finance Minister Muhammad Aurangzeb said he expects to sign a staff-level agreement within days that would unlock about $1.2–$1.24 billion under the IMF programme reviews.
• Pakistan and the IFC agreed to accelerate steps toward the Reko Diq project’s financial close, and the minister welcomed the IFC’s plan for a regional office in Islamabad.
• Aurangzeb met IMF regional director Jihad Azour and World Bank leadership to review programme progress, reaffirm reform momentum, and press for expanded climate resilience financing.
• The Islamic Development Bank’s board approved financing for two sections of the M-6 motorway, with both sides also discussing continued cooperation on polio and oil financing.
• The minister courted US investors and highlighted a new tariff framework, while outlining plans for a green Panda bond this year, a return to international bond markets next year, and revived privatizations including PIA and three power distributors.