Overview
- Finance Minister Muhammad Aurangzeb briefed Saudi Finance Minister Mohammed Al‑Jadaan on plans to privatise Pakistan International Airlines and key airports, emphasizing transparency to attract strategic investors.
- Aurangzeb and Al‑Jadaan agreed that IFC and MIGA could help mobilize and de‑risk private capital for Pakistan’s projects and privatisation pipeline.
- In a meeting with SFD chief Sultan Abdulrahman Al‑Marshad, Aurangzeb requested support for the M‑6 motorway, ML‑1 rail upgrade, skills development and IT infrastructure, with SFD signaling backing for Pakistan’s digitalization agenda.
- Aurangzeb met IMF Deputy Managing Director Nigel Clarke, noting the Fund’s appreciation of Pakistan’s program performance and thanking the IMF for support in the EFF second review and RST first review.
- He also engaged US White House economic officials and institutional investors at a Jefferies roundtable, outlined reforms in taxation, energy and SOEs, and sought World Bank support under its new partnership framework, including financing for long‑term flood mitigation and shifts to private‑led agricultural investment.