Muhammad Aurangzeb ISLAMABAD: Finance Minister Muhammad Aurangzeb on Saturday said Pakistan’s inaugural Panda Bond issuance marked a “transformational step” in the country’s financial landscape and opens a new chapter in Pakistan-China economic cooperation by giving Pakistan access to the world’s second-largest and second-deepest capital market for the first time. In an interview with China Global Television Network following the official Panda Bond issuance ceremony in Beijing, Mr Aurangzeb said the successful issuance reflected the growing confidence of Chinese institutions and global investors in Pakistan’s macroeconomic stability, reform agenda and economic direction. “Nearly one-quarter of bilateral trade between Pakistan and China is already being settled in RMB and Chinese Yuan (CNY),” he said, highlighting increasing financial integration and expanding economic partnership between the two countries.
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View all signals →Finance Minister Muhammad Aurangzeb has termed the successful launch of Pakistan's first Panda bond a "historic achievement," stating that the development reflects growing international confidence in the country's economy and reform agenda. The bond received an extraordinary response from global investors, marking Pakistan's return to international financial markets. The post Pakistan’s First Panda Bond Launch a ‘Historic Achievement’, Says Finance Minister Aurangzeb appeared first on Daily K2 English .