Bangkok: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with a delegation from Ajman Bank during the World Bank Group-IMF Annual Meetings 2026 in Bangkok, Thailand. The meeting focused on Pakistan’s economic outlook and potential financing partnerships.
According to Press Information Department, the Finance Minister emphasized the country’s improved fiscal and external indicators, reiterating the government’s commitment to maintaining macroeconomic stability and implementing necessary reforms. The dialogue included discussions on prospective Sukuk issuances, instruments settled in dollars but denominated in rupees, and strategies for diversifying funding sources.
Senator Aurangzeb highlighted the importance of replacing costly short-term debt with instruments that have extended maturities, aiming to avoid concentration of repayments without increasing the overall external debt. He acknowledged Ajman Bank’s interest in expanding cooperation and welcomed their participation and input on future financing transactions.
The discussions also touched on regional conflict spillovers, the resilience of the banking sector, and the implementation of targeted fuel subsidies consistent with fiscal discipline. Additionally, the meeting addressed Pakistan’s efforts towards de-escalation and the availability of fertilizer, which has played a role in maintaining food security.