Summary The Finance Minister welcomed the US EXIM Bank's proposal to develop a broader framework for priority projects.
(Web Desk) - Finance and Revenue Senator Muhammad Aurangzeb has met with President and Chairman of the US EXIM Bank John Jovanovic in Washington.
During the meeting, the two sides discussed expanding Pakistan-US economic and commercial cooperation, with a focus on financing long-term development projects and promoting trade in agricultural commodities.
The Finance Minister welcomed the US EXIM Bank's proposal to develop a broader framework for priority projects.
They agreed to finalize the strategic framework for signing on the sidelines of the United Nations General Assembly session in September this year.
Earlier, Finance Minister Muhammad Aurangzeb met senior International Monetary Fund (IMF) officials in Washington on Thursday to review Pakistan’s macroeconomic performance and progress under the Fund’s reform programmes, the finance ministry said.
According to the ministry, Aurangzeb held meetings with senior IMF management, including First Deputy Managing Director Dan Katz, Deputy Managing Director Nigel Clarke, Middle East and Central Asia Department Director Jihad Azour and Pakistan Mission Chief Iva Petrova.
The discussions covered Pakistan’s progress under the Extended Fund Facility (EFF), Resilience and Sustainability Facility (RSF) and the broader IMF-supported reform programme.
