PR No. 115

Finance Minister Discusses Debt Management and Capital Market Development with World Bank Vice President

Washington, D.C.: April 13, 2026

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with Mr. Jorge Familiar Calderón, Vice President, World Bank Group, on the sidelines of the World Bank–IMF Spring Meetings 2026.

The Finance Minister congratulated Mr. Familiar Calderón on his recent appointment and underscored the critical role of the World Bank Group Treasury in supporting developing economies through enhanced access to capital markets, financial innovation, and advisory services in debt and risk management.

Senator Aurangzeb outlined Pakistan’s diversified financing strategy, highlighting the use of instruments such as Sukuk and ESG-linked financing, as well as efforts to tap non-traditional markets. He also emphasized ongoing initiatives to deepen the domestic bond market as part of broader efforts to strengthen Pakistan’s financial architecture.

The Finance Minister stressed the importance of knowledge exchange and capacity building, and called for enhanced technical support, advanced analytical tools, and specialized training for Pakistan’s Debt Management Office to strengthen long-term financial resilience.

He further apprised that the Advisor, Debt Management Office, Ministry of Finance, would serve as the focal person for coordinating collaborative programs with the World Bank Group.

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