Islamabad: The Ministry of Finance has firmly dismissed recent media reports alleging improprieties in Pakistan’s sovereign financing transactions. The Ministry stated that both the Eurobond and the country’s inaugural Panda Bond adhered to all necessary legal and regulatory standards.
According to Radio Pakistan, the Ministry emphasized that the Government chooses financing options that provide the most favorable balance of pricing, timing, and risk, aligning with its Medium-Term Debt Management Strategy. The Ministry clarified that administrative appointments do not affect the governance of these transactions, asserting that the Debt Management Office and Finance Division possess the capability to manage such transactions legally and effectively.
The Ministry also warned that spreading inaccurate information could harm investor confidence, damage Pakistan’s credibility in international markets, and raise future borrowing costs. It urged for public discussions to be grounded in verified information and responsible reporting.
Reaffirming its commitment to transparency and professional debt management, the Ministry stated it would continue to make financing decisions that align with Pakistan’s economic and strategic goals.