Pakistan has successfully met its financial commitments by repaying $500 million in Eurobond obligations in Sept, according to Finance Minister Senator Muhammad Aurangzeb. He confirmed that the repayment was carried out smoothly without any disruption in financial markets. The minister also reassured that Pakistan is fully prepared to meet the upcoming $1.3 billion Eurobond repayment in April 2026.
The statement was made during his keynote address at the Pakistan Business Summit held in Peshawar. Organized under the theme “Shaping What’s Next,” the summit brought together policymakers, investors, and business leaders to discuss Pakistan’s economic outlook. The event was co-hosted by Nutshell Group and Al Baraka Bank, with the Overseas Investors Chamber of Commerce and Industry (OICCI) as a strategic partner.
Aurangzeb highlighted the government’s focus on ensuring macroeconomic stability and fostering a strong environment for private sector growth. He emphasized the importance of structural reforms, investor-friendly policies, and a competitive ecosystem to drive Pakistan’s long-term economic progress.
Reviewing recent developments, the minister noted lower financing costs due to interest rate cuts, improved foreign exchange reserves, and stability in the exchange rate. These factors, he said, have boosted investor confidence and encouraged the repatriation of dividends and profits.
He also reported a sharp rise in remittances, which reached $38 billion last year and are projected to grow further this fiscal year. Alongside this, Pakistan’s successful repayment of Eurobond obligations in Sept was highlighted as a major achievement that signals financial discipline and strengthens international confidence in the country’s economy.
Aurangzeb further outlined key reforms, including tax policy improvements, restructuring of state-owned enterprises, and energy sector adjustments. He announced progress on trade reforms and foreign investment agreements, including 24 joint ventures with Chinese companies and the planned issuance of Pakistan’s first Panda Bond.
Concluding his address, the minister stressed that sustainable growth depends on private sector leadership, investment in human capital, and resilience against climate and demographic challenges.
In other news read more about: Pakistan Faces Impending Debt Servicing Challenges, Must Repay $10.35 Billion by December
