Finance Minister Muhammad Aurangzeb has reaffirmed the government’s commitment to macroeconomic stability and reforms.

He made the remarks during a meeting with the delegation of Ajman Bank in Bangkok, Thailand.

Discussions covered prospective Sukuk issuances, rupee-denominated, dollar-settled instruments and diversification of funding sources.

The Finance Minister appreciated Ajman Bank’s interest in expanding cooperation and welcomed its participation and advice on future financing transactions.

The Finance Minister also met with the Abu Dhabi Commercial Bank delegation, to discuss Pakistan’s economic outlook, financing and investment opportunities.

The Finance Minister highlighted opportunities in refinery upgrades, privatization, airport outsourcing, electricity transmission and the ML-1 railway.

He also highlighted progress under the IMF programme, fiscal consolidation, stronger reserves and the Government’s commitment to sustainable export-led growth.

Meanwhile, Muhammad Aurangzeb held a meeting with with UNDP Administrator and UN Under-Secretary-General Alexander De Croo and emphasized strengthening implementation capacity to translate available financing and policy frameworks into bankable projects.

Muhammad Aurangzeb highlighted private sector-led job creation and expanding cash flow-based lending, digital finance and guarantees for small businesses and farmers.

Finance Minister Muhammad Aurangzeb also met with a delegation from Sharjah Islamic Bank in Bangkok, Thailand, to discuss Pakistan’s economic progress and financing partnership.

The Finance Minister highlighted improved fiscal and external indicators, stronger foreign exchange reserves, credit rating upgrades and progress under the IMF programme.

They also discussed developing capital market benchmarks through issuances by financial institutions and expanding lending to businesses, small and medium-sized enterprises (SMEs), and the agriculture sector.