Pakistan prepares to debut Panda Bond with ADB backing
Pakistan is preparing to launch its first-ever Panda Bond with support from the Asian Development Bank, marking a milestone in tapping Chinese capital markets. The move reflects growing international confidence in Pakistan’s economic reforms and will be backed by expanded ADB cooperation in climate resilience, infrastructure, and financial sector development.
Finance Ministry Demands Special Audit of TCP Loans Amid High Interest Rates Dispute
The Finance Ministry has requested a special audit of TCP’s loans due to concerns over high interest rates. The probe seeks to determine if more competitive loan terms were available at the time.
Finance Ministry, SECP Push Back on Mandatory CSR Spending in Pakistan’s New Bill
Pakistan’s Finance Ministry and SECP have raised concerns over the proposed CSR Bill 2025, rejecting mandatory corporate spending on community welfare due to potential impacts on business costs and operations.