Muhammad Aurangzeb, the federal finance minister, has said that Pakistan's talks with the International Monetary Fund (IMF) are going without any problems, and a breakthrough is likely not far off.

Speaking at a conference in Lahore, he underlined that Pakistan would get positive news soon and that there are no major obstacles in the conversations.

Emphasising Pakistan's environmental problems, the minister pointed out that the country is seriously threatened by fast melting glaciers, increasing pollution, and shifting weather patterns.

Declared as a warning sign, he voiced worry over less rainfall in winters. He declared intentions to create a climate financing framework to provide efficient funding for mitigating activities in order to offset the terrible consequences of climate change.

The FinMin said that during the last two weeks, Pakistan has had excellent discussions on climate funding with the IMF. He said that while $10 billion in funding had been promised for flood recovery initiatives, the money remained unutilised because there were not any realistic projects.

Stressing the importance of pragmatic climate adaptation strategies to guarantee future finance, he underlined once again the Finance Ministry's commitment to assist in climate action.

Talking about the concerning increase in pollution, Muhammad Aurangzeb described it as a serious economic danger and said Pakistan's water cycle has been badly disrupted. He cautioned that neglect of climate problems will cause long-term harm to the economy.

Underlining Pakistan's continuous cooperation with the World Bank on climate-related projects, the finance minister further emphasised that the Country Partnership Strategy has helped the nation make development. He pushed legislators to create strong climate initiatives appealing to foreign funding and support.

Aurangzeb later confirmed that Pakistan is achieving the economic discipline benchmarks set by the IMF in casual remarks to the media. He reassured them that there are no significant hurdles left and that discussions are nearing their end. He said at closing that Pakistan is poised to get a good IMF agreement, therefore providing much-needed financial stability for the nation.

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