Pakistan's Corporate Debt Issuance Hits Rs291bn; MSCI Reclassification Eyed

Pakistan's corporate debt issuances hit Rs291 billion by Sept 2026, with the Finance Division reporting significant growth and new listed issuances. Finance Minister Aurangzeb chaired the Capital Market Development Council, reviewing reforms to deepen the debt market, including a Rs100 billion Sukuk program for NGC. The council also discussed re-engaging MSCI for Pakistan's potential reclassification to Emerging Markets status, a move that could attract substantial foreign investment. These structural improvements aim to bolster the Rupee's stability and could indirectly influence local gold prices through currency dynamics.

بحوالہ / Source: www.brecorder.com