The Saudi Fund for Development (SFD) has reaffirmed its continued support to Pakistan for its funded projects within mandate.

The support was extended during a meeting between Minister for Finance Senator Muhammad Aurangzeb and Chief Executive Officer of the Saudi Fund for Development Sultan Abdulrahman Al-Marshad.

The meeting was held on the sidelines of the World Bank Group-IMF Annual Meetings 2026 in Bangkok, Thailand.

The Finance Minister expressed condolences over the loss of lives in recent incidents in Saudi Arabia and thanked the Kingdom for its longstanding support to Pakistan.

He highlighted Pakistan's improving macroeconomic position and renewed access to international capital markets.

Discussions focused on expanding trade and investment, strengthening private-sector engagement, following up on the bilateral investment protection agreement and exploring opportunities for refinery upgrades.

Both sides noted satisfactory progress on Saudi Fund for Development-supported projects and emphasized the importance of developing a fresh pipeline of projects.