Washington: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged in discussions with representatives of Moody’s, focusing on Pakistan’s economic outlook and strategy for re-entering international capital markets. The meeting took place on the sidelines of the World Bank-IMF Spring Meetings 2026.

According to Press Information Department, the Finance Minister informed Moody’s of Pakistan’s recent milestone, having concluded a Staff-Level Agreement with the International Monetary Fund (IMF) for the third review under the Extended Fund Facility (EFF) and the second review under the Resilience and Sustainability Facility (RSF). The approval from the IMF Executive Board is anticipated soon.

During the meeting, Senator Aurangzeb discussed Pakistan’s external financing position, emphasizing the successful fulfillment of Eurobond repayment obligations and consistent adherence to creditor commitments. He noted the financial support from the Kingdom of Saudi Arabia as a significant factor in bolstering Pakistan’s external position.

The Finance Minister elaborated on Pakistan’s medium-term strategy to re-enter international capital markets. He highlighted the preparation of key financial instruments, including a Eurobond and a dollar-settled rupee-linked bond, as part of efforts to diversify financing sources.

Additionally, Senator Aurangzeb addressed the government’s response to the regional energy crisis, detailing measures to secure supply chains and implement price pass-through, aided by targeted digital subsidies for vulnerable populations. He also mentioned the country’s higher fertilizer stocks compared to the previous year, providing a buffer during the planting season.

The meeting concluded with the Finance Minister reiterating Pakistan’s commitment to ongoing engagement with Moody’s.