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US backs Pakistan’s bold economic reforms

Published on: April 2, 2026 10:50 PM

United States reaffirmed its support for Pakistan’s economic reform agenda during a meeting between Charge d’Affaires Natalie Baker and Finance Minister Muhammad Aurangzeb in Islamabad. The US appreciated Pakistan’s efforts to stabilise the economy under challenging circumstances. This underscores ongoing bilateral cooperation and investor confidence in key sectors.

Baker highlighted continued US interest in promoting investment in energy, mining, technology, and logistics. Both sides held a comprehensive exchange on economic developments, trade, investment, and energy cooperation. The discussions also covered recent engagements of the Pakistan Caucus in Washington with policymakers and business leaders.

Read more: National economy shows resilience amid regional challenges: report

Finance Minister Aurangzeb briefed Baker on efforts to manage energy sector challenges, including procurement, pricing mechanisms, and targeted subsidies. He emphasised maintaining supply arrangements while improving price transmission and better targeting vulnerable groups such as small farmers and public transport users.

The officials also discussed the impact of rising global oil prices on Pakistan’s import bill, inflation, and macroeconomic stability. Both sides reviewed Pakistan’s engagement with international financial institutions and its commitment to IMF programme reforms while seeking policy flexibility amid regional and global challenges.

Read more: Pakistan’s Economic Recovery: A Cautious but Real Turnaround

Finally, potential collaboration in infrastructure, digital connectivity, and regional trade was explored. Aurangzeb reaffirmed Pakistan’s focus on structural reforms, export-led growth, and improving the investment climate. The meeting highlighted a positive trajectory in bilateral economic relations and long-term cooperation.

 

Filed Under: Business, Pakistan Tagged With: IMF Pakistan programme, Latest, Muhammad Aurangzeb finance, Natalie Baker Pakistan meeting, Pakistan economic reforms, Pakistan investment opportunities, US support Pakistan economy

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