Overview
- The agreement allows IFC to manage exchange-rate risk and scale rupee-denominated lending to Pakistani firms.
- SBP says the move will help improve foreign-exchange liquidity, strengthen balance sheets facing dollar-debt mismatches, and support economic resilience.
- SBP Governor Jameel Ahmad and IFC Vice President and Treasurer John Gandolfo signed the deal, with goals that include job creation and financing for critical sectors.
- The announcement tracks with Pakistan’s stabilization efforts and ongoing IMF–World Bank engagements during Finance Minister Muhammad Aurangzeb’s visit to Washington.
- IFC, the World Bank Group’s private-sector arm, reports record FY2025 commitments globally, positioning it to mobilize additional capital for Pakistan.