Pakistan eyes stronger debt management support from World Bank
MG News | April 14, 2026 at 09:17 AM GMT+05:00
April 14, 2026 (MLN): Pakistan
and the World Bank Group have reaffirmed their commitment to strengthening
financial cooperation, with Pakistan highlighting a diversified financing
strategy on the sidelines of the world Bank–IMF Spring Meetings 2026.
The government emphasized the use of instruments such as
Sukuk and ESG-linked financing, efforts to access non-traditional markets, and
ongoing initiatives to deepen the domestic bond market to enhance long-term
financial resilience.
It also called for greater technical support, knowledge
exchange, and capacity building to strengthen debt management capabilities.
The developments came during a meeting between Federal
Minister for Finance and Revenue, Muhammad Aurangzeb, and Jorge Familiar
Calderón, Vice President of the World Bank Group, according to a press release
issued.
Federal Minister
for Finance Aurangzeb congratulated Vice President Calderón on his recent
appointment and emphasized the World Bank Treasury’s role in supporting
developing economies through improved access to capital markets, financial
innovation, and advisory services in debt and risk management.
He added that the
Advisor to Pakistan’s Debt Management Office would serve as the focal person
for coordinating future collaboration.
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