Pakistan eyes more global bond issues, sees budget upside from Iran deal (opens original article in a new tab)

Pakistan's Finance Minister says it's too early to revise the 2027 budget despite potential economic improvements from the end of the Iran war, citing damaged energy infrastructure and delayed supply chain recovery. The country plans to use commercial borrowing to change its creditor profile without increasing external debt.

• Pakistan's Finance Minister says it's too early to revise the 2027 budget despite potential economic improvements from the end of the Iran war
• Damaged energy infrastructure will delay supply chain normalization and inflation recovery, according to the Finance Minister
• Pakistan plans to use commercial borrowing in 2027 to change its creditor profile without increasing overall external debt
• Pakistan's FY27 budget targets 4% growth and 8.2% inflation, with increased defense spending and reliance on tax revenue to maintain an IMF program