Aurangzeb links economic stability with diplomatic engagement

April 17, 2026 (MLN):  Pakistan is advancing a forward-looking financing strategy to strengthen its economy, with plans to tap international capital markets through its inaugural Panda Bond issuance while also exploring Eurobond and other commercial avenues.

Speaking on Mornings with Maria hosted by Maria Bartiromo, on Fox Business, Finance Minister Muhammad Aurangzeb highlighted Pakistan’s improving economic outlook, noting stable macroeconomic indicators supported by stronger fiscal management and external buffers.

He pointed to robust remittances, which reached around $3.8 billion in March, a current account surplus, and projected economic growth of about 4% for the ongoing fiscal year. He added that foreign exchange reserves are being maintained at levels covering roughly three months of imports, according to a press release issued.

The interview followed Bartiromo’s recent conversation with Donald Trump, who acknowledged Pakistan’s role in facilitating dialogue between the United States and Iran. Responding to this, finance minister Aurangzeb expressed appreciation for the trust placed in Pakistan and said the country’s leadership is actively engaged in diplomatic efforts to support regional stability. He noted ongoing outreach by the prime minister and coordination aimed at sustaining ceasefire efforts and encouraging further negotiations.

Addressing geopolitical risks, the finance minister said Pakistan is managing the immediate economic effects of tensions in the Middle East, particularly in energy procurement, pricing, and logistics. He cautioned that broader impacts on inflation, growth, and the external sector would depend on how long and intense the conflict becomes.

The minister reaffirmed the government’s commitment to fiscal discipline, highlighting the timely repayment of a $1.4 billion Eurobond. He also acknowledged financial support from Saudi Arabia, including $3 billion in additional deposits and extensions of existing facilities, which he said would further strengthen Pakistan’s external position.

Overall, he stressed that Pakistan remains committed to meeting its financial obligations, maintaining stability, and playing a constructive role in promoting regional and global peace.

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