Finance Minister Muhammad Aurangzeb met Makhtar Diop, Managing Director of the International Finance Corporation (IFC), on the sidelines of the World Bank–IMF Spring Meetings 2026, where both sides discussed strengthening private sector investment, capital market development and broader economic cooperation.
The discussions centred on expanding investment flows into Pakistan’s economy, improving productivity, and generating employment opportunities through deeper engagement with the IFC, particularly in capital market development aligned with international best practices.
Aurangzeb called for enhanced IFC support in developing Pakistan’s capital markets, citing successful models from other economies, and emphasised the need to mobilise greater private capital for long-term growth.
He also highlighted the IFC’s role in Pakistan’s financial ecosystem, particularly its contribution to local currency financing and trade finance operations, and appreciated its evolving capital mobilisation strategy, including the shift from traditional balance sheet lending to an originate-and-distribute model aimed at increasing private sector participation.
The finance minister also briefed IFC leadership on Pakistan’s ongoing monitoring of economic challenges linked to the conflict in the Middle East, noting government response efforts in managing external pressures.
In addition, Aurangzeb sought IFC collaboration with the Prime Minister’s Task Force on Agriculture, focusing on boosting productivity, innovation and structural improvements in the sector.
Both sides reaffirmed their commitment to strengthening Pakistan–IFC cooperation, with emphasis on sustainable economic growth driven by private sector expansion and improved investment mobilisation.
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