PR No. 263

Finance Minister Discusses Financing Cooperation, Reserve Management and Infrastructure Investment with Standard Chartered Bank

Bangkok: October 16, 2026

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, accompanied by the Governor of the State Bank of Pakistan (SBP), met with Standard Chartered Bank (SCB) on the sidelines of the World Bank Group–IMF Annual Meetings 2026 in Bangkok, Thailand, to discuss financing cooperation, reserve management and infrastructure investment.

The Finance Minister appreciated SCB’s support in bridging external financing gaps and facilitating Pakistan’s return to international capital markets. He highlighted potential refinery upgrades and welcomed follow-up proposals through the relevant ministries.

Discussions covered prospective Sukuk, rupee-denominated, dollar-settled bonds, further Panda bonds and possible tokenization initiatives. Participants explored gold-backed liquidity and energy-price hedging, emphasizing simple structures and competitive costs.

The Finance Minister welcomed SCB’s proposed additional diaspora deposit products and financing against rupee-denominated securities or cash. The meeting also examined multilateral guarantees and export-credit financing for priority power transmission, railway and road projects.

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