Aurangzeb to Attend Asian Financial Forum in Hong Kong
ISLAMABAD: Pakistan’s Finance Minister Muhammad Aurangzeb has traveled to Hong Kong to participate in the Asian Financial Forum (AFF) 2025, where he is anticipated to engage with senior Chinese officials, financial specialists, and investors, according to state-run media on Sunday.
The AFF is the leading forum in the region, convening key figures from the government, finance, and business sectors worldwide to facilitate groundbreaking discussions and share insights on the global economy from an Asian viewpoint.AFF 2024 brought together over 140 distinguished speakers from across the globe and attracted more than 3,600 attendees from over 50 countries and regions, including over 70 delegations from overseas and mainland China.
“Finance Minister Muhammad Aurangzeb has set off for Hong Kong to represent Pakistan at the eighteenth Asian Financial Forum,” reported Radio Pakistan.”During his stay, he will meet with the heads and senior officials of major Asian financial institutions.”The state media added that Aurangzeb will engage with Chinese and foreign officials, experts from the financial sector, professionals, investors, and leading business figures during the summit.
It noted that these meetings will include discussions with leaders from China International Capital Corporation Limited, China New Energy Sky Rail Limited, and the Asian Infrastructure Investment Bank.
The Pakistani finance minister will also interact with foreign media, including interviewing representatives of international publications such as Bloomberg, Nikkei Asia, and others.His trip to Hong Kong occurred as Pakistan strived to mitigate an economic crisis that has depleted its resources and created a balance of payments issue for the country over the past two years.Since 2023, Pakistan has made some economic progress by reducing inflation to single-digit figures from a record high of 38 percent in May 2023 and witnessing improvements in the stock market.