Pakistan and UK Forge Stronger Development Ties at IMF-World Bank Meetings
Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, emphasized technology-driven reforms and global partnerships during a key meeting with UK Minister of State for International Development Baroness Chapman on the sidelines of the IMF-World Bank Spring Meetings in Washington, D.C.
Strengthening Bilateral Collaboration
Senator Aurangzeb expressed gratitude for the UK’s enduring support toward Pakistan’s socioeconomic progress, highlighting the role of international alliances in addressing critical challenges. The discussions centered on the World Bank’s 10-year Country Partnership Framework (CPF) for Pakistan, which prioritizes climate resilience and strategies to manage population growth amid rising demographic pressures.
Digital Overhaul of Tax Systems
A core focus of the dialogue was Pakistan’s push for digital transformation in governance. The Finance Minister stressed the need to minimize human interaction in tax processes through advanced technology, aiming to enhance transparency and efficiency. “Reducing direct contact between taxpayers and collectors is key to building trust and streamlining revenue systems,” he noted.
REMIT Platform: A Tool for Strategic Development
Senator Aurangzeb also lauded the REMIT platform, a UK-backed initiative that has helped Pakistan map development aid and craft targeted communication strategies over the past two years. This collaboration underscores the importance of data-driven planning in optimizing foreign assistance for national priorities.
Path Forward: Climate and Innovation
As Pakistan navigates economic recovery, the Minister reiterated the government’s focus on climate adaptation and leveraging technology to drive inclusive growth. The talks signal a mutual commitment to deepening UK-Pakistan cooperation in areas like green infrastructure and digital governance.
