Muhammad Aurangzeb, Pakistan's finance minister, during an interview in Islamabad, Pakistan, on Friday, March 22, 2024. Aurangzeb said he's keen to tap Chinese investors by selling as much as $300 million in Panda bonds for the first time ever this year. Photographer: Asad Zaidi/Bloomberg via Getty Images
ISLAMABAD: The Economic growth of Pakistan is being recognized at the international level, which is a good indicator for the country, Federal Minister Muhammad Aurangzaib said while addressing the Green Sukuk Bonds.
The Green Sukuk Bonds are worth 30 billion Rupees, which is based on the Ijarah structure.
The three-year Sukuk will carry a variable rental rate and is being issued under the Sustainable Investment Sukuk framework.
” I have had constructive conversations with the investors in my recent visits to London and Washington,” the Finance Minister said while virtually addressing the participants.
“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”, he added.
Pakistan has continued the positive economic growth, and International investors are showcasing their interest in investing in the country, he said.
The government will try to give a comprehensive and promising budget for the fiscal year 2025-26.
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