KARACHI: Federal Minister for Finance and Revenue, Muhammad Aurangzeb, Friday said Pakistan is adopting the Malaysian Green Finance Model to enhance its debt management strategy and address climate change financing needs.
He made these remarks while addressing a gong ceremony organized by the Pakistan Stock Exchange (PSX) via video link from Karachi on Friday, marking the launch of the country’s first-ever sovereign domestic green Sukuk. The finance minister highlighted that Pakistan stands to gain valuable insights from the Malaysian model and expressed confidence that the country can effectively move in that direction.
He further told the participants that in overall debt profile of Pakistan, Sukuks have the share of around 14…
