Washington, D.C.: The Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with Mr. Jorge Familiar Calderón, Vice President of the World Bank Group, during the World Bank-IMF Spring Meetings 2026 to discuss debt management strategies and capital market development.

According to Press Information Department, the Finance Minister congratulated Mr. Familiar Calderón on his recent appointment and highlighted the pivotal role of the World Bank Group Treasury in aiding developing economies by enhancing access to capital markets and providing advisory services in debt and risk management. Senator Aurangzeb elaborated on Pakistan’s diverse financing strategy, which includes instruments such as Sukuk and ESG-linked financing, as well as efforts to access non-traditional markets.

Senator Aurangzeb also discussed ongoing initiatives to deepen the domestic bond market, which are part of wider efforts to reinforce Pakistan’s financial structure. He emphasized the necessity of knowledge exchange and capacity building, requesting increased technical support, advanced analytical tools, and specialized training for Pakistan’s Debt Management Office to bolster long-term financial resilience.

The Finance Minister indicated that the Advisor of the Debt Management Office at the Ministry of Finance would act as the main contact for coordinating collaborative programs with the World Bank Group.