Senator Mohammad Aurangzeb, the chief minister of the Finance Minister and the Pakistan Business Summit in Peshawar, confirmed the government’s commitment to fulfill his external debt bonds.
“We paid 500 million eurobonds without interrupting the market on September 30,” he said during the summit.
He added, “We believe that in April 2026 we can respect $ 1.3 billion Eurobond.”
Aurangzeb praised the recent economic improvement. These include low financing costs, strong foreign exchange reserves, which covers almost three months of imports, and stable exchange rates. They saw these factors as the key to rebuilding investors.
He also mentioned that remittances reached US $ 38 billion last year and it is expected that this fiscal year will be $ 41-43 billion.
Regarding reforms, Aurangzeb emphasized the need for tax reorganization by separating policy from the administration, privatization of public -owned businesses, reform of energy prices, and reduction in tariffs and increasing exports through more foreign investment.
He noted that Pakistan plans to issue its first Panda Bond before the end of the year to tap in the markets of the major Chinese capital.
Aurangzeb emphasized the allocation of large amounts of money. With infrastructure, health and education, the 4.3 trillion national development budget as well as better cooperation between the federal and provincial governments.
They highlighted major challenges on the horizon, such as climate change, population growth, children’s stunting, and learning poverty, as a negative product.
He should include reforms, to convert economic benefits to people into real benefits.