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Finance Minister and IFC Chief Deliberate on Middle East Conflict’s Economic Impact

Washington: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb met with the Managing Director of the International Finance Corporation Makhtar Diop today, on the sidelines of the World Bank-IMF Spring Meetings 2026.

According to Radio Pakistan, during the meeting, the Finance Minister highlighted the economic impact of the ongoing Middle East conflict, stating that Pakistan is closely monitoring the situation and responding effectively. He appreciated IFC's continued support, particularly in mobilizing local currency financing, and stressed the need to enhance cooperation to boost private sector investment, productivity, and job creation.

Senator Muhammad Aurangzeb also sought IFC's support for the development of Pakistan's capital markets and acknowledged its important role in trade finance. He emphasized closer collaboration with the Prime Minister's Task Force on Agriculture to support growth and innovation in the sector.

The meeting reaffirmed the strong partnership between Pakistan and the IFC, with both sides expressing commitment to sustainable economic growth through private sector development.