Pakistan advances sustainable finance agenda in talks with JP Morgan

MG News | October 19, 2025 at 05:33 PM GMT+05:00

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October 19, 2025 (MLN): Pakistan’s plans to issue its inaugural green Panda Bond took center stage during discussions between the country’s Finance Minister, Senator Muhammad Aurangzeb, and the senior management of JP Morgan on the sidelines of the IMF–World Bank Annual Meetings in Washington D.C.

The meeting focused on Pakistan’s ongoing efforts to diversify financing sources and strengthen international partnerships.

The Minister shared that the Panda Bond would be launched in the Chinese market as part of the government’s sustainable finance strategy.

He also discussed progress on the privatization programme, highlighting the Cabinet-approved government-to-government (G2G) sale of the First Women Bank.

In addition, he noted that several U.S. companies had shown interest in the Reko Diq project and that the government anticipated EXIM Bank’s participation in the syndication process.

The conversation also touched upon Pakistan’s growing digital collaboration with Saudi Arabia through the GO AI Hub initiative, which aims to accelerate innovation and technology-led growth.

Senator Aurangzeb invited JP Morgan to explore further collaboration in sustainable finance, investment facilitation, and digital transformation to enhance economic cooperation between the two sides.

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