Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, accompanied by the Governor of the State Bank of Pakistan (SBP), met with Ms. Sara Jane Ahmed Managing Director of the CVF–V20 Secretariat, on the sidelines of the World Bank Group–IMF Annual Meetings 2026 in Bangkok, Thailand, to discuss climate finance and Pakistan’s Climate Prosperity Plan.
The Finance Minister welcomed efforts to expand concessional financing and attract sovereign investment into water, health and education projects. He appreciated the proposed Lifeline Fund, targeting readiness by April 2027, with initial mobilization of US$500 million and eventual expansion beyond US$2 billion.
He sought clarification on the Fund’s contributions, governance, access, returns and withdrawal arrangements, which remained under development. Discussions also covered the proposed country platform, investor book, BRIDGE initiative and cooperation with Chinese institutions and development partners.
The Finance Minister emphasized line-ministry ownership, budget integration and coordination with UNDP and other partners to avoid duplication.
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