BANGKOK: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb and the Governor of the State Bank of Pakistan (SBP) met with representatives of Fitch Ratings on the sidelines of the World Bank Group–IMF Annual Meetings 2026 in Bangkok, Thailand, and discussed Pakistan’s economic performance and sovereign credit outlook.
The finance minister highlighted restored access to international capital markets, fiscal consolidation and sustained primary surpluses, a news release said here on Friday.
He outlined inflation trends, monetary policy, exchange rate stability and the contained current account deficit.
The discussions also covered reserve accumulation, reduced forward liabilities and stronger external buffers to withstand economic shocks.
The delegation highlighted improvements in debt sustainability, declining debt-servicing costs, longer borrowing maturities and bilateral rollover assurances.
It also reaffirmed its commitment to completing the IMF programme, implementing structural reforms and promoting export-led growth.
The finance minister also discussed trade and investment engagement with the United States and sought Fitch’s assessment of the requirements for advancing Pakistan towards the BB rating category.
Finance Minister Meets MSCI Representatives
Senator Aurangzeb, accompanied by the Governor of the State Bank of Pakistan (SBP), met with Morgan Stanley Capital International (MSCI) on the sidelines of the World Bank Group–IMF Annual Meetings 2026 in Bangkok, Thailand, to discuss capital market reforms and prospects for emerging market status.
The Finance Minister highlighted Pakistan’s improving economic indicators and stock market participation. Discussions also covered MSCI’s classification criteria and investor queries regarding foreign exchange, prefunding, hedging and pooled investments.
The discussions clarified repatriation arrangements under Special Convertible Rupee Account (SCRA) and expanded Roshan Digital Account access. Participants supported technical follow-up to address operational concerns and improve market accessibility.
Minister meets Deutsche Bank delegation
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met with the Deutsche Bank delegation on the sidelines of the World Bank Group–IMF Annual Meetings 2026 in Bangkok, Thailand, to discuss Pakistan’s economic progress and financing strategy.
The Finance Minister highlighted improvements in macroeconomic stability, foreign exchange reserves, sovereign ratings and investor confidence. He reviewed Pakistan’s return to international capital markets through private placement, Panda bonds and Eurobonds. The Finance Minister outlined plans to diversify financing through Sukuk, rupee-denominated dollar-settled bonds and possible Eurobond tokenization.
He appreciated Deutsche Bank’s longstanding presence in Pakistan and encouraged broader corporate engagement and support for foreign portfolio inflows. Discussions also covered debt management, currency diversification and investor outreach in Europe and other international markets.
The Finance Minister welcomed Deutsche Bank’s interest in strategic advisory support for privatization, including power distribution companies and major airports.
