Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Friday said that the whole world is recognizing Pakistan’s economic growth and progress which is a positive sign for the country. He was addressing the participants through video-link after launching Green Sukuk Bonds worth Rs30 billion. 

Based on an Ijarah structure, the three-year Sukuk will carry a variable rental rate and is being issued under the Sustainable Investment Sukuk framework. Aurangzeb said that during his visit to London and Washington he held in-depth and comprehensive discussions with investors. 

The entire world is satisfied and investors reposed confidence in Pakistan’s economic progress which is gaining momentum day by day and Pakistan Stock Exchange is smashing physiological barriers every other day. 

The finance minister noted that international investors have shown interest in Pakistan, provided the country maintains macroeconomic stability and continues reforms in energy, taxation, and state-owned enterprises. Aurangzeb added that the government is in consultation with stakeholders to present a promising budget for FY-2526.

Credit: Independent News Pakistan (INP)