Pakistan has secured a rollover of Saudi Arabia’s USD 3 billion loan, Finance Minister Muhammad Aurangzeb announced after discussions with his Saudi counterpart. He said Pakistan does not currently need additional financial support from the kingdom, as foreign exchange reserves provide around three months of import cover. The rollover offers continued support for Pakistan’s external financing position.

Pakistan is exploring the tokenization of its existing Eurobond debt, Finance Minister Muhammad Aurangzeb said at a banking and digital-assets dialogue organized by the Pakistan Banks’ Association with LUMS. The proposal is under discussion and awaits Cabinet approval before the government issues a request for proposals. If approved, the initiative could test how tokenization may support sovereign debt management and digital financial transactions.

The Securities and Exchange Commission of Pakistan has declared 39,704 companies inactive after they failed to file annual returns and/or financial statements for four years. The companies cannot open new bank accounts or access financial services, while existing accounts will remain frozen until they complete their outstanding filings. Director changes will not be registered during inactive status. Lahore and Islamabad account for the highest numbers, with 13,927 and 13,859 companies, respectively. The SECP says the action aims to improve the reliability of Pakistan’s corporate register and protect the financial system. Companies can regain active status by submitting all required filings.