Pakistan eyes stronger debt management support from World Bank

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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