Pakistan will issue its first-ever Panda bond in the coming weeks, Finance Minister Muhammad Aurangzeb said. The bond will be issued in Chinese renminbi instead of dollars or euros. Officials say the move could lower borrowing costs and diversify funding sources. Aurangzeb said issuing debt in RMB and swapping it into dollars offers a 2.5 […]
foreign investment Pakistan
Pakistan, Azerbaijan near $2bn investment deal
Pakistan and Azerbaijan agreed to finalise an investment framework to boost bilateral economic ties. The framework will help attract Azerbaijani investments into Pakistan. Potential investments could reach up to two billion dollars. The agreement was reached during a telephone call between Ishaq Dar and Mikayil Jabbarov. Ishaq Dar is Pakistan’s Deputy Prime Minister and Foreign […]
Pakistan sees sharp drop in foreign investment
Pakistan’s foreign investment fell to $104.4 million in November, marking a significant decline from October’s $274 million, according to data released by the State Bank of Pakistan on Wednesday. The month-on-month drop highlights growing investor caution amid economic challenges. Year-on-year comparison also showed a decrease, as $195 million was recorded in November last year. The […]
Pakistan-Kuwait deal set to transform investments
Kuwait has expressed strong interest in expanding its investment footprint in Pakistan as Federal Minister for Petroleum Ali Pervez Malik met senior Kuwaiti leadership in Kuwait. Both sides agreed to enhance economic cooperation and deepen strategic ties. The discussions focused on long-term investment and mutual growth. During a meeting with Kuwait’s Minister of Finance and […]
Pakistan shifts focus from aid to trade, says Aurangzeb
Federal Finance Minister Senator Muhammad Aurangzeb announced that Pakistan is moving away from aid dependency and prioritizing trade and investment to ensure long-term economic sustainability and mutually beneficial partnerships, especially with GCC countries. In an interview with CNN Business Arabia, Aurangzeb highlighted that Pakistan’s economic confidence has strengthened due to comprehensive reforms. Inflation has dropped […]