ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb has expressed the hope that Pakistan will raise approximately $200 million by issuing Panda Bonds by June 2025.
Aurangzeb told a foreign TV channel that Pakistan intended to join China’s capital markets through Panda Bonds.
He mentioned that the government was focusing on shifting the economy towards export-led growth in order to achieve sustainability in the balance of payments.
Emphasizing the importance of the second phase of the CPEC (China-Pakistan Economic Corridor), Finance Minister Aurangzeb said it would attract more Chinese companies and investments.
He also expressed a commitment to enhancing financial cooperation with Hong Kong. He invited Hong Kong to send delegations to explore trade and financial opportunities in Pakistan.
Hong Kong could serve as a suitable location for joint ventures between Chinese and Pakistani companies, the minister said.
