In a major financial breakthrough, Pakistan has secured a $1 billion syndicated loan with the help of a Dubai-based bank, the Ministry of Finance confirmed on Wednesday. This five-year funding deal, backed by international investors, shows rising confidence in Pakistan’s economic direction and reform measures.
What makes this financing unique is that it’s supported by a Policy-Based Guarantee from the Asian Development Bank (ADB) — the first time ADB has extended such support to Pakistan. Plus, nearly 90% of the loan is structured under Islamic finance principles, making it both ethical and Shariah-compliant.
Banks from the UAE also played a key role, reflecting strong regional financial cooperation. Finance Minister Muhammad Aurangzeb hailed the deal as a milestone, saying it proves the world is taking notice of Pakistan’s efforts to stabilize its economy through responsible and innovative means.
The Ministry emphasized that this agreement not only strengthens Pakistan’s financial position but also shows international trust in the country’s future.
