The government has unveiled a comprehensive financing framework to launch bonds in the international market, including green, social, sustainability bonds and sukuk.
According to a statement from the Ministry of Finance, the introduction of this framework will enhance Pakistan’s access to global markets and help build a more resilient and inclusive economy. Officials explained that the primary goal is to expand Pakistan’s participation in the international sustainable finance market.
The framework has been prepared in collaboration with leading international commercial banks, aligning with global principles and standards set by the International Capital Market Association (ICMA).
Credit rating agency Fitch has endorsed the framework, terming it both sustainable and effective, reflecting international confidence in Pakistan’s approach to responsible financing.