Finance Minister, IFC MD Discuss Private Sector Investment and Capital Market Development

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with Mr. Makhtar Diop, Managing Director of the International Finance Corporation (IFC), on the sidelines of the World Bank–IMF Spring Meetings 2026.

During the meeting, the Finance Minister highlighted the economic impact of the ongoing conflict in the Middle East and noted that the Government of Pakistan is closely monitoring the evolving situation and responding in a timely and effective manner.

The Finance Minister appreciated the IFC’s continued support to Pakistan, particularly its role in mobilizing local currency financing. He underscored the importance of further strengthening IFC’s engagement to boost private sector investment, enhance productivity, and promote job creation in the country.

Senator Aurangzeb requested IFC’s support in developing Pakistan’s capital markets, drawing on successful models from comparable economies. He also acknowledged IFC’s contribution to trade finance and emphasized its critical importance in the current economic environment.

The Finance Minister highlighted the need for closer collaboration between IFC and the Prime Minister’s Task Force on Agriculture to support growth and innovation in the sector.

He further appreciated IFC’s evolving capital mobilization strategy, particularly its transition from a traditional balance sheet approach to an originate-and-distribute model, aimed at leveraging private capital at scale.

The meeting reaffirmed the strong partnership between Pakistan and IFC and underscored the shared commitment to promoting sustainable economic growth through private sector development.

Видео Finance Minister, IFC MD Discuss Private Sector Investment and Capital Market Development канала Ministry of Finance, Government of Pakistan