Overview
- Finance Minister Muhammad Aurangzeb held talks with Moody’s on Thursday to press for a further sovereign rating upgrade and to outline reforms and a shift to longer‑term, lower‑cost borrowing.
- Economic Affairs Minister Ahad Khan Cheema and IsDB advanced a Member Country Partnership Strategy that envisages about $5.6 billion in indicative IsDB Group financing for infrastructure, trade and health projects.
- ADB President Masato Kanda agreed to fast‑track institutional processes for the ML‑1 railway upgradation project to speed feasibility, procurement and co‑financing steps.
- Pakistan is actively exploring a roughly $1.5 billion financing package backed by World Bank guarantees and MIGA coverage, while technical teams continue to renegotiate remaining ITFC tranche pricing and scope.
- The talks build on improved macro data — FY26 growth of 3.7% and reserves reported near $21–22 billion — and follow ongoing IMF programmes, but key transactions still require formal approvals and strong project readiness to turn pledges into disbursements.