Finance Minister and UN Deputy Secretary-General Address Development and Climate Financing


Bangkok: The Federal Minister for Finance and Revenue of Pakistan, Senator Muhammad Aurangzeb, held discussions with UN Deputy Secretary-General Ms. Amina J. Mohammed in Bangkok on matters concerning development financing, debt, and climate resilience. This meeting took place on the sidelines of the World Bank Group-IMF Annual Meetings 2026.



According to Press Information Department, the Finance Minister advocated for the enhancement of the Borrowers’ Forum, emphasizing peer learning, governance continuity, and the establishment of an effective virtual Secretariat. He underscored the necessity for a stronger representation of the Global South and called for more responsive international financial institutions.



Both officials highlighted the importance of securing adequate financing to achieve the Sustainable Development Goals, focusing on poverty reduction, social protection, and the creation of decent jobs. The discussions also addressed the current climate financing gaps, the need for simpler access to funds, and the importance of building stronger capacities to prepare viable projects.



Senator Aurangzeb also pointed out the benefits of local currency financing as a means to mitigate exchange rate risks and stressed the importance of accountable domestic policymaking. He expressed gratitude to Ms. Mohammed for acknowledging Pakistan’s role in mediating the recent US-Iran crisis.

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