Monday, June 30, 2025

Finance Minister departs for Spain to attend Fourth International Conference

Islamabad : Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, departed from Islamabad for Seville, Spain, to participate in the Fourth International Conference on Financing for Development (FFD4), being held from July 1 to 3.

The high-level global conference will bring together leaders, policymakers, and international development experts to explore innovative and sustainable financing strategies to accelerate progress towards the Sustainable Development Goals (SDGs), particularly for developing and emerging economies.

During the visit, the Finance Minister Muhammad Aurangzeb will represent Pakistan in the main conference sessions and a range of high-level side events. On July 1, he will co-chair the Multi-Stakeholder Roundtable on “Leveraging Private Business and Finance,” and deliver a keynote address at the International Business Forum Policy Dialogue on “Accelerating EMDEs Investment: The Role of Credit Ratings.”

He is also scheduled to address the General Debate of the conference and participate in the roundtable discussion on “Revitalizing International Development Cooperation.” As part of a UNICEF-hosted side event, the Minister will speak on “Driving Capital Towards Children and Young People: A Dialogue on Innovative and Sustainable Financing for Children.”

During the conference, Senator Muhamamd Aurangzeb will also attend and speak as Chief Guest at a special session titled “Swapping Out Debt for Development: The DCS Financing Approach,” where he will outline Pakistan’s perspectives on debt transformation and the potential of deposit protection mechanisms to support development finance. He will also be a panelist at the International Business Forum’s side event on “Scaling Up SME Finance,” focusing on enhanced financial inclusion for small and medium-sized enterprises.

In addition to his conference engagements, the Finance Minister will hold bilateral meetings with key international figures, including Mr. John W.H. Denton AO, Secretary-General of the International Chamber of Commerce, and H.E. Mr. Steven Collet, Vice Minister for Development of the Kingdom of the Netherlands.

The Finance Minister’s participation at FFD4 underscores Pakistan’s commitment to promoting innovative financing solutions, strengthening international cooperation, and enhancing the country’s voice in global development discourse.

Field Correspondent Sohail Majeed
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Sohail Majeed is a Special Correspondent at The Diplomatic Insight. He has twelve plus years of experience in journalism & reporting. He covers International Affairs, Diplomacy, UN, Sports, Climate Change, Economy, Technology, and Health.

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