Bangkok: Finance Minister Muhammad Aurangzeb has reaffirmed the government’s commitment to achieving macroeconomic stability and implementing economic reforms. During meetings with various international banking delegations in Bangkok, Thailand, Aurangzeb emphasized the importance of diversifying funding sources and strengthening economic partnerships.

According to Radio Pakistan, the Finance Minister engaged in discussions with a delegation from Ajman Bank, where they explored prospective Sukuk issuances and rupee-denominated, dollar-settled instruments. Aurangzeb expressed appreciation for Ajman Bank’s interest in expanding cooperation and welcomed its participation in future financing transactions. Furthermore, a meeting with the Abu Dhabi Commercial Bank delegation provided an opportunity to discuss Pakistan’s economic outlook, focusing on investment opportunities in sectors such as refinery upgrades, privatization, and electricity transmission.

In addition, Aurangzeb met with Alexander De Croo, UNDP Administrator and UN Under-Secretary-General, to emphasize the need for strengthening implementation capacity to translate financing and policy frameworks into viable projects. The discussions highlighted private sector-led job creation, expanding digital finance, and providing guarantees for small businesses and farmers.

The Finance Minister also held talks with a delegation from Sharjah Islamic Bank, discussing Pakistan’s economic progress and areas for financing partnerships. Aurangzeb noted improvements in fiscal and external indicators, foreign exchange reserves, and credit ratings, as well as progress under the International Monetary Fund (IMF) program. The discussions included developing capital market benchmarks and expanding lending opportunities for businesses, SMEs, and the agriculture sector.