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IFC Eyes Strategic Partnerships in Pakistan for Economic Development

International Finance Corporation (IFC) delegation expressed its willingness to partner with Pakistan and offered its global expertise in sectors such as infrastructure, energy, transport, and public finance.

Led by Ms. Linda Rudo Munyengeterwa, the IFC placed this offer during a meeting with Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, here on Monday. The meeting, held at the Finance Division, underscored IFC’s keen interest in bolstering Pakistan’s economic landscape through macroeconomic reform, investment, and privatization initiatives.

Ms. Munyengeterwa highlighted IFC’s intention to explore Pakistan’s market and collaborate with government stakeholders to identify investment opportunities. She emphasized IFC’s global expertise as a valuable asset for Pakistan’s development agenda. The delegation expressed their readiness to partner with Pakistan, aiming to leverage their experience for mutual benefit.

Senator Aurangzeb acknowledged the technical expertise and advisory support provided by IFC across various sectors. He noted the restoration of macroeconomic stability in Pakistan and reiterated the government’s commitment to sustainable economic growth.

The Minister stressed the crucial role of international institutions like IFC in overcoming fiscal challenges and meeting development needs through public-private partnerships. He affirmed that such collaborations could drive essential reforms and support the development of efficient infrastructure systems.

The IFC delegation reaffirmed their willingness to provide both advisory services and investment support, committed to contributing to Pakistan’s long-term and inclusive economic development.

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