Pakistan seeks World Bank’s technical support for debt management, capital market development

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met World Bank Vice President Jorge Familiar Calderón on the sidelines of the World Bank–IMF Spring Meetings 2026, outlining Pakistan’s financing strategy and calling for stronger collaboration on debt management and capital market development.

The finance minister congratulated Mr. Familiar Calderón on his recent appointment and underscored the critical role of the World Bank Group Treasury in supporting developing economies through enhanced access to capital markets, financial innovation, and advisory services in debt and risk management.

Senator Aurangzeb outlined Pakistan’s diversified financing strategy, highlighting the use of instruments such as Sukuk and ESG-linked financing, as well as efforts to tap non-traditional markets. He also emphasised ongoing initiatives to deepen the domestic bond market as part of broader efforts to strengthen Pakistan’s financial architecture.

The finance minister stressed the importance of knowledge exchange and capacity building, and called for enhanced technical support, advanced analytical tools, and specialised training for Pakistan’s Debt Management Office to strengthen long-term financial resilience.

He further apprised that the Advisor, Debt Management Office, Ministry of Finance, would serve as the focal person for coordinating collaborative programs with the World Bank Group.