International Monetary Fund Managing Director Kristalina Georgieva has commended Pakistan for its ongoing advancements in economic reforms. During a meeting with Finance Minister Muhammad Aurangzeb at the IMF–World Bank Spring Meetings in Washington, D.C., she highlighted that Pakistan’s rigorous implementation of its reform agenda has played a crucial role in sustaining macroeconomic stability and enhancing investor confidence.
Meanwhile, Finance Minister Aurangzeb engaged with senior executives from Franklin Templeton in Washington, providing updates on the government’s active privatization initiatives. The discussions included plans for outsourcing major airports such as Islamabad, Karachi, and Sialkot, along with the privatization of electricity distribution companies.
In a significant development, Senator Aurangzeb also welcomed the anticipated visit of an IMF mission next month, which will focus on budgetary discussions and critical tax policy deliberations. On the sidelines of the World Bank–IMF Spring Meetings 2026, the finance minister met with Dan Katz, First Deputy Managing Director of the IMF, where they reviewed the continuity of Pakistan’s reform programme and examined the effects of external economic shocks.
During this meeting, Senator Aurangzeb expressed gratitude for the IMF team’s efficient management of the third review under the Extended Fund Facility (EFF) and the second review under the Resilience and Sustainability Facility (RSF), underscoring the collaborative efforts to maintain economic progress.
