ISLAMABAD, Oct 13 (APP):Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb has expressed condolences over the loss of lives in recent incidents in Saudi Arabia and thanked the Kingdom for its longstanding support to Pakistan. The minister met with Sultan Abdulrahman Al-Marshad, Chief Executive Officer of the Saudi Fund for Development (SFD), on the sidelines of the World Bank Group–IMF Annual Meetings 2026 in Bangkok, Thailand, said a press …
Aurangzeb discusses trade, investment and development cooperation with CEO SFD
ISLAMABAD, Oct 13 (APP):Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb has expressed condolences over the loss of lives in recent incidents in Saudi Arabia and thanked the Kingdom for its longstanding support to Pakistan.
The minister met with Sultan Abdulrahman Al-Marshad, Chief Executive Officer of the Saudi Fund for Development (SFD), on the sidelines of the World Bank Group–IMF Annual Meetings 2026 in Bangkok, Thailand, said a press release issued by the Ministry of Finance here Tuesday.
He highlighted Pakistan’s improving macroeconomic position and renewed access to international capital markets. Discussions focused on expanding trade and investment, strengthening private-sector engagement, following up on the bilateral investment protection agreement and exploring opportunities for refinery upgrades.
Both sides noted satisfactory progress on SFD-supported projects and emphasized the importance of developing a fresh pipeline of projects. The SFD reaffirmed its continued support to Pakistan within its mandate.
