Pakistan, Oct. 17 -- Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met with representatives of Alvarez & Marsal (A&M), a global professional services firm, on the sidelines of the World Bank Group-IMF Annual Meetings 2026 in Bangkok, Thailand, and discussed long-term financing options through World Bank Group guarantees, including a potential financing target of approximately $1.5 billion.

During the meeting, the finance minister welcomed a proposal to combine a World Bank policy-based guarantee with coverage from the Multilateral Investment Guarantee (MIGA) to attract financing at competitive rates, subject to the available guarantee envelope and transaction structure, a news release said here on Friday.

The discu...