Pakistan’s Finance Ministry Retires PKR 1.1 Trillion in SBP Debt, Reducing Fiscal Risks
The Ministry of Finance has retired over PKR 1.1 trillion in debt owed to the State Bank of Pakistan, cutting SBP-held debt by nearly 30% and easing refinancing risks tied to future maturities.
Pakistan Moves to Finalize Executive Director Appointments at World Bank and ADB
The government of Pakistan has formed a high-level committee led by Ishaq Dar to finalize appointments of Executive Directors at the World Bank and ADB, with top federal officers under consideration.
PBA and top banks join hands with finance ministry, SBP to advance strategic reforms in Pakistan
The Pakistan Banks’ Association is deepening collaboration with the Ministry of Finance, SBP, and leading banks to drive strategic reforms aimed at strengthening businesses, empowering people, and aligning policy with long-term economic growth.
Pakistan Launches First-Ever 15-Year Zero Coupon Bond, Raises Rs. 1.2 Trillion in Landmark Auction
Pakistan’s Ministry of Finance successfully raised Rs. 1.2 trillion in a landmark government bond auction, including the launch of the country’s first 15-year zero coupon bond, signaling strong investor confidence and financial sector maturity.