Washington, D.C.: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged in a meeting with Fitch Ratings, focusing on Pakistan’s credit profile and market strategy, during the World Bank-IMF Spring Meetings in Washington, D.C. The discussions centered on reaffirming Pakistan’s B- credit rating and exploring market strategies.

According to Press Information Department, the Finance Minister expressed his appreciation for Fitch Ratings’ assessment of Pakistan’s credit standing. He acknowledged the agency’s role in reiterating the country’s B- credit rating. The meeting also highlighted progress with the International Monetary Fund (IMF), where a Staff Level Agreement has been reached for the third review under the Extended Fund Facility (EFF) and the second review under the Resilience and Sustainability Facility (RSF).

Senator Aurangzeb emphasized that Pakistan has secured external financing to fulfill its financial obligations for the fiscal year 2026. Additionally, he outlined the government’s strategy for maintaining a robust presence in international capital markets. This strategy involves the use of diversified financial instruments, such as Panda Bonds, Eurobonds, international Sukuk, and ESG-linked bonds, to bolster the country’s market engagement.