Pakistan Welcomes $500 Million Trade Finance Support in Talks with MIGA

Federal Minister for Finance and Revenue Muhammad Aurangzeb held a meeting with Tsutomu Yamamoto, Managing Director of the Multilateral Investment Guarantee Agency, during the World Bank-IMF Spring Meetings 2026.

During the meeting, the finance minister welcomed MIGA’s proposal to provide a short-term trade finance facility of up to $500 million.

He highlighted that this support would play an important role in helping Pakistan manage the financing of essential imports.

These include food items, fertilisers, energy supplies, and important machinery needed for industrial and economic activities.

He stressed the need to speed up the process so that the facility can be implemented quickly. Timely support, he said, is crucial for meeting Pakistan’s external financing needs and maintaining economic stability.

Senator Aurangzeb also discussed ongoing arbitration cases and their financial impact on the country. He expressed hope that MIGA’s neutral role would help in reaching fair and peaceful solutions.

He added that such support would also help maintain investor confidence and protect Pakistan’s national interests.

The finance minister reaffirmed the government’s commitment to promoting sustainable investment and improving the overall business environment. He emphasized that Pakistan is focused on creating a stable and investor-friendly economy.

Both sides agreed to continue working together to strengthen cooperation. The meeting reflected Pakistan’s efforts to build strong partnerships with international institutions and ensure steady economic growth through investment and financial support.

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