Pakistan debt financing talks in Bangkok focus on Sukuk, Panda bonds and debt swaps as Islamabad seeks longer maturities without raising the overall external debt load.
Finance Minister Muhammad Aurangzeb met Lazard and lenders on the sidelines of the 2026 IMF–World Bank Annual Meetings in Bangkok.
Options under discussion include guaranteed Sukuk, Panda bonds, sustainability-linked loans, debt swaps and secured financing.
Officials want longer-term funds to replace costly short-term borrowing and ease repayment bunches, without increasing the overall external debt burden.
Sharjah Islamic Bank said it is ready to join a Sukuk; further work is to run through the Debt Management Office and the State Bank of Pakistan.
Talks with the IMF and UNDP also covered reforms, climate-linked financing and possible debt-for-nature or debt-for-climate swaps.