# Aurangzeb meets IMF on fuel subsidies

> Finance Minister Muhammad Aurangzeb discusses targeted fuel subsidies with IMF official during Bangkok meeting.
- Title: Aurangzeb meets IMF on fuel subsidies · Dawn | Shortify
- Summary: Finance Minister Muhammad Aurangzeb discusses targeted fuel subsidies with IMF official during Bangkok meeting. Pakistan's finance minister outlined targeted…
- Keywords: muhammad aurangzeb, imf, fuel subsidies, pakistan, bangkok, world bank group, extended fund facility, resilience and sustainability facility, news, politics, Aurangzeb, meets
- Source: Dawn — https://dawn.com/news/2037132/aurangzeb-discusses-targeted-fuel-subsidies-in-meeting-with-senior-imf-official
- Author: News Desk
- Published: 2026-10-14T15:31:17+00:00
- Read time: 2 min
- Topics: muhammad aurangzeb, imf, fuel subsidies, pakistan, bangkok, world bank group, extended fund facility, resilience and sustainability facility, news, politics
## Finance Minister meets IMF official
Finance Minister Muhammad Aurangzeb met International Monetary Fund Deputy Managing Director Nigel Clarke in Bangkok on Wednesday.
## Targeted fuel subsidies discussed
Aurangzeb outlined targeted fuel subsidies to protect vulnerable groups and preserve social cohesion during the meeting.
## Fuel subsidy scheme expanded
The government has already rolled out a fuel subsidy scheme for motorcycles, autos and vehicles up to 800cc amid rising global oil prices.
## Prime Minister directs expansion
Prime Minister Shehbaz Sharif directed motorcycles, rickshaws and Qingqi rickshaws up to 20 years old to be included in the scheme.
## IMF staff-level agreement reached
Pakistan and IMF reached staff-level agreement for $1.2bn from the Extended Fund Facility and Resilience and Sustainability Facility.
## IMF calls for targeted subsidies
The IMF called on countries to offer narrow, targeted subsidies following energy disruptions from the US-Israeli war on Iran.
## Finance minister highlights economic progress
Aurangzeb emphasized strong political ownership and sustained implementation of reforms during the meeting.
## Economic indicators noted
He highlighted stronger reserves, three consecutive years of primary surpluses and a declining debt-to-gdp ratio.
## IMF focus on reserves and revenue
Clarke emphasized adequate reserve buffers and stronger revenues to support investment in human capital, infrastructure and public services.
## Additional economic discussions
The meeting covered sustainable growth, policy consistency and safeguarding health and education spending alongside fiscal discipline.
## Separate US meeting held
Aurangzeb also met with US State Department Ambassador Hugo Yon to discuss bilateral economic cooperation.
## US economic cooperation discussed
He reviewed progress toward a trade framework agreement and energy diversification through increased US imports.
## Fuel supply measures outlined
The finance minister outlined measures to maintain fuel supplies and support vulnerable consumers.
## Additional bilateral topics
Discussions covered anti-money laundering, financing of terrorism, financial action task force follow-up and investment financing through us development finance corporation.
## Key takeaway

Pakistan's finance minister outlined targeted fuel subsidies to protect vulnerable groups during IMF talks.