Pakistan Explores Path to International Capital Markets in Meeting with Alvarez and Marsal

Washington DC: Pakistan’s delegation, led by Federal Minister for Finance and Revenue Muhammad Aurangzeb, met with representatives from Alvarez and Marsal Sovereign Advisory Services to discuss strategies for accessing international capital markets. The meeting was held as part of Pakistan’s participation in the Annual Meetings of the World Bank Group and International Monetary Fund (IMF).

According to Press Information Department, Alvarez and Marsal’s team, which included Managing Director Dr. Reza Baqir, Division Executive Peter Briggs, and Thibaud Fourcade, congratulated Pakistan on successfully concluding the IMF’s Extended Fund Facility (EFF). They also discussed steps for Pakistan to develop a strategy for engaging with international capital markets and external creditors. The discussion focused on a well-sequenced approach to accelerate Pakistan’s access to these markets. The Pakistani delegation also included Finance Secretary Imdad Ullah Bosal, Secretary Economic Affairs Dr. Kazim Niaz, and State Bank Governor Jameel Ahmad.

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