PR No. 166

Finance Minister Highlights Debt Management and Fiscal Reforms at Panel on Mitigating Sovereign Risks in Market-Access Countries

Bangkok: October 13, 2026

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, participated in a panel discussion titled “Mitigating Sovereign Risks in Market-Access Countries” on the sidelines of the World Bank Group–IMF Annual Meetings 2026 in Bangkok, Thailand.

The Finance Minister highlighted Pakistan’s progress in fiscal consolidation, reducing inflation and rebuilding foreign exchange reserves. He emphasized revenue mobilization, tax administration reforms, expenditure restraint and privatization to strengthen economic resilience.

He outlined debt management measures to lower financing costs, extend maturities and reduce rollover risks. He noted that renewed market access supports a strategy to improve the external debt profile without increasing the overall size.

The Finance Minister reaffirmed national ownership of taxation, energy, state-owned enterprises and pension reforms under the IMF-supported programme. He stressed the sustained reform implementation to translate macroeconomic stability into sustainable growth and public welfare.

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