Pakistan plays its economic cards at J.P. Morgan event

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MG News | April 17, 2026 at 11:28 AM GMT+05:00

April 17, 2026 (MLN):  Pakistan presented its economic and monetary policy outlook to global institutional investors at a J.P. Morgan Investment Seminar held on the sidelines of the World Bank–IMF Spring Meetings 2026, highlighting progress under its IMF programme and plans to access international capital markets.

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb participated in the session titled “Pakistan: Economic and Monetary Policy Outlook,” alongside the Governor of the State Bank of Pakistan, engaging with international investors on key macroeconomic developments, according to a press release issued.

During the briefing, the Finance Minister informed participants that Pakistan has successfully concluded a Staff-Level Agreement with the International Monetary Fund (IMF) for the third review under the Extended Fund Facility (EFF) and the second review under the Resilience and Sustainability Facility (RSF), with final approval expected from the IMF Executive Board shortly.

Senator Aurangzeb expressed confidence in Pakistan’s ability to meet all external obligations on time, noting that financial support from the Kingdom of Saudi Arabia has played an important role in strengthening the country’s external position.

He also updated investors on progress toward Pakistan’s inaugural Panda bond issuance, which forms part of the government’s broader strategy to diversify funding sources and deepen engagement with global capital markets.

The Finance Minister provided an overview of the government’s energy supply and demand management strategy amid ongoing regional tensions, including demand-side measures, market-based adjustments, full price pass-through, and targeted digital subsidies for vulnerable groups.

The session concluded with a question-and-answer segment, where investors sought further details on potential additional IMF financing, the privatization agenda, and Pakistan’s role in the evolving regional economic landscape.

Copyright Mettis Link News

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