Saturday, 17 October 2026, 03:13:41 am


 
Aurangzeb, UK’s Minister discuss investment, aviation cooperation
October 16, 2026

Finance Minister Muhammad Aurangzeb has appreciated the United Kingdom's support for the Reform for Growth Programme and welcomed the growing investment pipeline of British International Investment.

He was talking to the UK's Minister for International Development Kirsty McNeill on the sidelines of the World Bank Group-IMF Annual Meetings 2026 in Bangkok, Thailand.

The Minister highlighted fiscal consolidation, stronger reserves, sovereign rating upgrades and renewed access to international capital markets.

He emphasized export-led growth, tariff and tax reforms, and expanding IT exports and upskilling freelancers.

Both sides discussed economic reforms, bilateral cooperation and climate resilience during the meeting.

The two sides also discussed privatization, airport outsourcing, and aviation cooperation, including potential engagement with Airbus and Rolls-Royce.

Meanwhile, Finance Minister Muhammad Aurangzeb has lauded Standard Chartered Bank's support in helping bridge external financing gaps and facilitating Pakistan's return to international capital markets.

He was speaking at a meeting with the officials of Standard Chartered Bank in Bangkok.

The Minister welcomed Standard Chartered Bank's proposed additional diaspora deposit products and financing against rupee-denominated securities or cash. 

Participants explored gold-backed liquidity and energy-price hedging, emphasizing simple structures and competitive costs.

The meeting also examined multilateral guarantees and export-credit financing for priority power transmission, railway and road projects.