Finance Minister Mohammad Aurangzeb met a high-level US delegation led by Deputy Assistant Secretary John Mark on Wednesday to discuss Pakistan’s economic reforms, investment climate, and progress in bilateral cooperation valued at Rs10 million.
The meeting focused on Pakistan’s macroeconomic stability, fiscal reforms, and ongoing initiatives to boost investor confidence. Minister Aurangzeb highlighted reductions in the fiscal deficit, improvements in the current account, and progress in international credit ratings.
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Aurangzeb emphasized that rising remittances and IT exports have strengthened Pakistan’s external accounts, while accelerated reforms in state-owned enterprises and increased private sector participation are fostering a more competitive investment environment for international investors.
US officials appreciated Pakistan’s efforts to maintain financial stability and stressed that enhancing the investment climate remains a shared priority. They also noted that continuity in economic policies would further strengthen bilateral trade and investment flows.
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Discussions included Pakistan’s preparations for returning to global capital markets, including issuing Panda Bonds and diversifying financial resources. Updates on privatisation of banking and electricity sectors, as well as potential outsourcing at Islamabad Airport, were also shared.
Both sides agreed to deepen economic cooperation and maintain engagement with the American business community, including the US Chamber of Commerce and American Business Council, to support sustained investment and mutual economic growth.