Finance Minister Muhammad Aurangzeb has expressed Pakistan’s interest in adopting Malaysia’s green finance framework to guide the country’s sustainable development efforts.
Speaking via video at the Pakistan Stock Exchange (PSX) on Friday, Aurangzeb announced the launch of Pakistan’s first Green Sukuk bond, designed to support environmentally sustainable initiatives.
He praised the PSX for hitting a record high the previous day, attributing it to growing investor confidence.
Highlighting climate change as a major threat to Pakistan, Aurangzeb stressed the urgent need for sustainable financing mechanisms. He also shared updates from recent meetings with investors in Washington and London, noting that international stakeholders have responded positively to Pakistan’s macroeconomic progress, including improvements in inflation rates and foreign exchange reserves.
Aurangzeb stated that preparations for the 2025–26 national budget are underway, with input from various stakeholders to ensure a strong fiscal roadmap. He also mentioned continued efforts to access climate finance aimed at reducing the country’s environmental vulnerabilities.
The finance minister further noted that Pakistan is celebrating Youm-e-Tashakur (Day of Gratitude), commemorating the historic victory of Marka-e-Haq and honoring the military and the resilience of the nation following the success of Operation Bunyan Marsoos. The celebration reflects the country’s growing optimism regarding its economic and environmental future.
