ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Friday met Under Secretary for International Affairs US Department of the Treasury, Erin Browne and discussed Pakistan’s economic outlook, reform agenda and external financing strategy.
On the sidelines of the World Bank Group–IMF Annual Meetings 2026, the minister highlighted Pakistan’s USD 3 billion Eurobond issuance in September and plans to diversify financing through Sukuk, Panda bonds and other instruments, said a news release.
He outlined progress under the IMF programme, tax reforms, three consecutive years of primary surpluses and foreign exchange reserves of approximately USD 21.6 billion.
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The discussions also covered the regional conflict’s implications for energy, inflation and food security, as well as measures to ensure supplies and prepare for winter demand.
The minister emphasized export-led growth, stronger IT exports, improved goods competitiveness and debt sustainability to support progress towards a BB sovereign rating.
He also discussed privatisation, airport outsourcing, engagement with Boeing and potential US EXIM Bank financing, expressing deep appreciation for continued US support.
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Friday met with the Deutsche Bank delegation on the sidelines of the World Bank Group–IMF Annual Meetings 2026 in Bangkok, Thailand, and discussed Pakistan’s economic progress and financing strategy.
The minister highlighted improvements in macroeconomic stability, foreign exchange reserves, sovereign ratings and investor confidence, said a news release.
He reviewed Pakistan’s return to international capital markets through private placement, Panda bonds and Eurobonds.
The minister outlined plans to diversify financing through Sukuk, rupee-denominated dollar-settled bonds and possible Eurobond tokenization.
Aurangzeb 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 minister welcomed Deutsche Bank’s interest in strategic advisory support for privatization, including power distribution companies and major airports.
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