The International Finance Corporation (IFC) on Monday expressed a strong interest in supporting Pakistan’s ongoing macroeconomic reforms, investment and privatization initiatives.
In a meeting with Finance Minister Muhammad Aurangzeb, a high-level delegation of the IFC led by Global Director for Public-Private Privatization and Corporate Finance Advisory Linda Rudo Munyengeterwa reiterated the development institution’s commitment to Pakistan. The delegation noted it was visiting Pakistan with an open mind and intended to explore the market and engage with key government stakeholders to identify potential areas for investment.
Highlighting the IFC’s extensive global experience across various sectors, including infrastructure, energy, transport, public finance, and privatization, the IFC said this could be leveraged to support Pakistan’s development agenda. The delegation also emphasized its readiness to partner with Pakistan in exploring viable opportunities for collaboration and investment.
Welcoming the delegation, the finance minister acknowledged the valuable technical expertise and advisory support extended by the institution in various sectors. He noted that macroeconomic stability, the foundation of economic resilience, had been largely restored in Pakistan. He further underscored the government’s commitment to maintaining stability and ensuring long-term, sustainable economic growth.
Aurangzeb, per a statement issued by the Finance Division, stressed the importance of utilizing the expertise and financial resources of international institutions like IFC through public-private partnerships. He affirmed that such collaborations could facilitate the implementation of essential reforms and enhance efforts to develop efficient energy, transport, and infrastructure systems in response to the demands of a growing population.
The IFC delegation reaffirmed their willingness to work closely with stakeholders in Pakistan, offering both advisory services and investment support aimed at achieving long-term and inclusive economic development.