Pakistan engages MIGA on $500 million trade finance facility for critical imports

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with Mr. Tsutomu Yamamoto, Managing Director of the Multilateral Investment Guarantee Agency (MIGA), on the sidelines of the World Bank-IMF Spring Meetings 2026.

The finance minister welcomed MIGA’s proposed short-term trade finance facility of up to $500 million, underscoring its importance in supporting the financing of critical imports, including food, fertiliser, energy, and essential machinery. 

He emphasised the need for expediting progress on the facility to ensure timely support for Pakistan’s external financing requirements.

Senator Aurangzeb also acknowledged the ongoing arbitration cases and their associated financial implications. He expressed confidence that MIGA’s neutral facilitation would contribute towards achieving amicable resolutions, while safeguarding investor confidence and protecting national interests.

Underscoring the Government’s commitment to fostering sustainable investment and maintaining economic stability, the Finance Minister reaffirmed Pakistan’s resolve to continue working closely with MIGA to promote a conducive investment environment.