Economy
Saudi Arabia rolls over $3bn loan to Pakistan as US facility fades
Finance Minister Aurangzeb confirmed Saudi Arabia has extended its $3bn financing to Pakistan, as the proposed $10bn US facility looks increasingly unlikely.
Muhammad Aurangzeb
Muhammad Aurangzeb: 9 The Indus Compass stories. Latest: Saudi Arabia rolls over $3bn loan to Pakistan as US facility fades. Key developments, background and…
9 stories on Muhammad Aurangzeb since 27 September 2026; the latest was published on 5 November 2026.
Key developments
- Saudi Arabia rolls over $3bn loan to Pakistan as US facility fadesFinance Minister Muhammad Aurangzeb said Saudi Arabia has extended the $3bn financing it gave Pakistan in April, which matured on October 31, for 'a reasonable period' he did not specify.
- Pakistan weighs tokenising its Eurobond debt, finance minister saysFinance Minister Muhammad Aurangzeb said the government is reviewing tokenising its existing Eurobond debt and awaits cabinet approval before issuing a request for proposals.
- IMF urges Pakistan to look beyond fiscal targets to boost growthIMF Middle East and Central Asia director Jihad Azour said Pakistan's fiscal policy must do more than meet primary balance targets.
- Aurangzeb outlines targeted fuel subsidies to IMF deputy chiefFinance Minister Aurangzeb discussed targeted fuel subsidies with IMF deputy chief Nigel Clarke in Bangkok, and US trade, Reko Diq and minerals with a US envoy.
- IMF raises Pakistan's inflation forecast to 9.9pc, keeps growth at 3.5pcThe IMF raised its forecast for Pakistan's inflation this fiscal year to 9.9pc from 8.4pc and kept growth at 3.5pc, below the government's 4pc target.
Economy
Pakistan weighs tokenising its Eurobond debt, finance minister says
Finance Minister Aurangzeb said Pakistan is reviewing tokenising its existing Eurobonds and will seek cabinet approval before inviting proposals.
Economy
IMF urges Pakistan to look beyond fiscal targets to boost growth
IMF director Jihad Azour said Pakistan's fiscal policy must go beyond primary balance targets to fund investment, as Zardari pledged more reforms.
Economy
Aurangzeb outlines targeted fuel subsidies to IMF deputy chief
Finance Minister Aurangzeb discussed targeted fuel subsidies with IMF deputy chief Nigel Clarke in Bangkok, and US trade, Reko Diq and minerals with a US envoy.
Economy
IMF raises Pakistan's inflation forecast to 9.9pc, keeps growth at 3.5pc
The IMF raised its forecast for Pakistan's inflation this fiscal year to 9.9pc from 8.4pc and kept growth at 3.5pc, below the government's 4pc target.
Economy
Pakistan aims to raise over $1bn by selling five or six state firms
Finance Minister Aurangzeb said five or six state firms could be sold this fiscal year for over $1bn, and growth should top 4pc despite high oil prices.
Economy
Pakistan and IMF reach staff-level deal for $1.2bn tranche
The IMF reached a staff-level agreement on Pakistan's fourth EFF review and third RSF review, clearing the way for about $1.2bn once its board approves.
Economy
Aurangzeb opens formal talks with IMF mission as Pakistan seeks next $1.2bn
Finance Minister Muhammad Aurangzeb held a kick-off meeting with the IMF mission reviewing Pakistan's $7bn loan, with about $1.2bn at stake by early November.
Economy
Government not buying planes for privatised PIA and no sovereign guarantee given, says PM's finance adviser
Khurram Schehzad said the state is neither buying aircraft for the privatised PIA nor guaranteeing loans, after claims linked to talks with the US Exim Bank.