Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, participated in the J.P. Morgan Investment Seminar titled “Pakistan: Economic and Monetary Policy Outlook”, where he engaged with global institutional investors on the sidelines of the World Bank–IMF Spring Meetings 2026. The Governor, State Bank of Pakistan, also joined the session.
Opening the discussion, 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 approval by the IMF Executive Board expected shortly.
Senator Aurangzeb expressed confidence that Pakistan will continue to meet all its external obligations in a timely manner, highlighting the financial support committed by the Kingdom of Saudi Arabia as a key factor in strengthening the country’s external position.
The Finance Minister also briefed investors on progress towards Pakistan’s inaugural Panda bond issuance, as part of the government’s broader strategy to diversify financing sources and deepen engagement with international capital markets.
He provided a detailed overview of the government’s energy supply management strategy in the wake of the ongoing regional conflict, noting that measures such as demand management, market timing adjustments, and full price pass-through - supported by targeted digital subsidies for vulnerable segments - have been implemented to manage the impact.
The session concluded with an interactive question-and-answer segment, during which investors raised queries relating to potential additional IMF financing, progress on the privatization programme, and Pakistan’s strategic role in the evolving regional environment.
