Federal Finance Minister Muhammad Aurangzeb has arrived in Washington to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank.

During his visit, the minister will brief officials on Pakistan’s ongoing economic reforms and legislation related to virtual assets. He is also expected to invite American companies to invest in Pakistan’s energy, minerals, agriculture, and information technology sectors.

In a meeting with the US-Pakistan Business Council, Aurangzeb said the government is taking steps to facilitate the business community.

The finance minister also met representatives of Citibank and the International Finance Corporation (IFC), where both sides agreed to expedite financial arrangements for the Reko Diq project.

During his meeting with the President of the Islamic Development Bank, Aurangzeb discussed continued long-term cooperation with Pakistan and agreed to work on a new Country Engagement Framework.