Aurangzeb briefs Fitch on FY2026 financing, IMF progress
MG News | April 16, 2026 at 10:07 AM GMT+05:00
April 16, 2026 (MLN): Pakistan engaged with Fitch Ratings as Federal
Minister for Finance and Revenue Muhammad Aurangzeb minister appreciated
Fitch’s continued engagement with Pakistan’s credit profile and acknowledged
its recent assessment.
He held a constructive meeting with the agency on the
sidelines of the World Bank–IMF Spring Meetings in Washington, D.C, according
to a press release issued.
He highlighted that a staff-level agreement had been
reached with the International Monetary Fund for the third review under the
Extended Fund Facility (EFF) and the second review under the Resilience and
Sustainability Facility (RSF).
Finance minister Aurangzeb further noted that Pakistan
has secured external financing arrangements to meet its fiscal year 2026
obligations.
He also outlined the government’s strategy to maintain a
strong presence in international capital markets through diversified
instruments, including Panda Bonds, Eurobonds, international Sukuk, and
ESG-linked bonds.
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