WASHINGTON: Pakistan’s Finance Minister Muhammad Aurangzeb held high-level meetings with ministers from Saudi Arabia, the United Arab Emirates, and China in Washington to strengthen economic ties and explore investment opportunities in the South Asian country.
The minister met with Saudi Minister of Finance Mohammed Aljadaan, Finance Minister of China Lan Fo’an, the United Arab Emirates Minister of State for Financial Affairs Mohamed Bin Hadi Al Hussaini and President Global Policy and Advocacy of the Gates Foundation Gargee Gosh in Washington DC on the sidelines of IMF-World Bank Spring meetings, Radio Pakistan reported.
Finance Minister held a meeting with Saudi Minister of Finance H.E. Mohammed Aljadaan today. Thanked him for Saudi Arabia’s longstanding strong support to Pakistan in its pursuit of economic development including through support for its IMF programme. Welcomed Saudi investments… pic.twitter.com/BTdKiV4jB3
— Pakistan Embassy US (@PakinUSA) April 23, 2025
Talking to the Saudi Minister of Finance, Mohammed Aljadaan he welcomed Saudi investments in Pakistan and reaffirmed the government’s resolve to stay the course on reforms.
Meanwhile, during a meeting with the UAE Minister of State for Financial Affairs, Mohamed Bin Hadi Al Hussaini, the Finance Minister briefed him on Pakistan’s economic indicators, the recent sovereign rating upgrade by Fitch, and the privatisation agenda of the government.
He appreciated the UAE investors’ keen interest in exploring investment opportunities in Pakistan, emphasising the importance of translating MoUs into concrete agreements.
Finance Minister met with H.E. Mohamed Bin Hadi Alm Hussaini, Minister of State for Financial Affairs, UAE. Briefed him on economic indicators, recent sovereign rating upgrade by Fitch and privatization agenda of the government. Informed that SLA was reached on a staff-level… pic.twitter.com/kNwGVubiVJ
— Pakistan Embassy US (@PakinUSA) April 23, 2025
Later, Finance Minister Muhammad Aurangzeb held a meeting with Finance Minister of China Lan Fo’an. He provided an update on the status of the Panda Bond and requested Chinese support to fast-track the issuance process.
Meanwhile, the Minister for Finance met with President Global Policy and Advocacy of the Gates Foundation Gargee Gosh.
He appreciated the Gates Foundation’s continued support for Pakistan’s polio eradication efforts, maternal and child health, and nutrition initiatives.
Aurangzeb invites Turkish investors
Finance Minister Muhammad Aurangzeb, during a meeting with Turkish Finance Minister Mehmet Simsek, has extended an invitation to Turkish investors and entrepreneurs to explore promising investment opportunities in Pakistan, with a focus on the dairy, cheese, and livestock sectors.
Aurangzeb, highlighting the deep-rooted historical ties between Pakistan and Turkiye, stressed the significant untapped potential for expanding bilateral trade and investment.
The minister also praised the Turkish government’s focus on supporting high-tech industries, noting that such policies are key to driving innovation and enhancing value addition.
In a meeting with Queen Máxima of the Netherlands, Finance Minister Muhammad Aurangzeb highlighted the importance of expanding digital access and enhancing data-sharing mechanisms to advance financial inclusion in Pakistan.
He outlined the progress made in promoting financial inclusion for women, particularly through the implementation of the National Financial Inclusion Strategy, supported by international partners.
The Finance Minister met with H.E. Mehmet Şimşek, Minister of Finance of Türkiye. Highlighted strong historical relations and greater potential for trade and investment between the two countries. Acknowledged that current level of trade and investment was incommensurate with its… pic.twitter.com/itYm8ASdjG
— Pakistan Embassy US (@PakinUSA) April 24, 2025
Aurangzeb emphasised that women’s education, financial empowerment, entrepreneurship, and inclusion remain central priorities for Pakistan’s development agenda.
Additionally, during his visit to Washington, the Finance Minister met with Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB). He reaffirmed Pakistan’s commitment to maintaining and deepening its ongoing collaboration with the Bank.
Finance Minister, Mr. Muhammad Aurangzeb, met with Mr. Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB) Thanked the Bank for its longstanding support for Pakistan’s socio-economic development. Discussed AIIB’s financing for ongoing and future projects in… pic.twitter.com/WWrtjF52m2
— Pakistan Embassy US (@PakinUSA) April 23, 2025
