Aurangzeb Heads to Bangkok for IMF, World Bank Talks

Finance Minister Muhammad Aurangzeb has departed for Bangkok to lead Pakistan’s delegation at the annual meetings of the International Monetary Fund and the World Bank Group. The meetings are scheduled from October 12 to 18 and will bring together economic policymakers, central bank governors, business leaders and development officials from around the world.

The finance ministry said Aurangzeb will represent Pakistan at key forums and hold more than 60 high-level engagements during the visit. These meetings will include discussions with international financial institutions, finance ministers, development partners, global investors, banks, credit rating agencies, think tanks and international media organisations.

The annual meetings in Thailand are expected to draw more than 15,000 participants from 191 countries. The gathering comes as governments and financial institutions assess global economic conditions, debt pressures, investment flows and policy priorities at a time of changing international financial conditions.

According to the ministry, Pakistan will use the visit to present its transition from macroeconomic stabilisation toward sustainable, investment-led and export-led growth. Officials said the government will also highlight structural reforms, engagement with development partners and efforts to strengthen access to international capital markets.

Aurangzeb is expected to hold meetings with the leadership of the IMF and World Bank Group, including the International Finance Corporation and the Multilateral Investment Guarantee Agency. The talks will focus on Pakistan’s macroeconomic outlook, reform progress, private sector development and future cooperation.

The finance minister will also attend the IMF managing director’s meeting with finance ministers, central bank governors and heads of regional financial institutions from the Middle East, North Africa, Afghanistan and Pakistan region. He is also scheduled to meet representatives of major multilateral and development finance institutions.

On the bilateral front, Aurangzeb will hold meetings with counterparts from Saudi Arabia, China, Turkiye, Iran, the United Kingdom and Thailand. He is also expected to engage with the US Department of the Treasury on Pakistan’s reform and investment agenda.

The ministry said the finance minister will meet all three major global sovereign credit rating agencies, Fitch Ratings, Moody’s and S&P Global, to present Pakistan’s economic and reform trajectory. He will also participate in investment seminars, sovereign investor forums and roundtable discussions aimed at promoting Pakistan’s investment potential, digital economy, exports and private sector-led growth.