Bangkok: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged in discussions with Engineer Adeeb Y. Al Aama, Chief Executive Officer of the International Islamic Trade Finance Corporation (ITFC), on the sidelines of the World Bank Group-IMF Annual Meetings 2026 in Bangkok, Thailand. The talks centered on financing cooperation and trade development.

According to Press Information Department, the Finance Minister highlighted the economic progress of Pakistan, emphasizing stronger reserves and renewed access to international capital markets. The discussions included a review of the remaining financing tranche and an exploration of aligning borrowing costs with improved market conditions. Both parties agreed that technical teams would examine pricing and financing-volume adjustments to arrive at a mutually acceptable solution.

The Finance Minister also discussed ongoing efforts to replace expensive, short-term borrowing with longer-maturity financing, aiming to avoid an increase in external debt. Additional topics included the implementation of digital product passports to support textile exports to the European Union and single-window connectivity to facilitate trade with ASEAN. Both sides reaffirmed their commitment to a long-term partnership and the strengthening of Pakistan’s export competitiveness.