Pakistan is exploring new financing avenues by planning to issue up to USD 300 mln in Panda bonds, targeting Chinese investors. This initiative marks Pakistan’s first venture into selling yuan-denominated debt, aiming at diversifying funding sources amid challenges such as Asia’s highest inflation rate of over 20% and significant external debt obligations. Meanwhile, the finance minister highlighted Pakistan’s robust cash balances and manageable debt situation, expressing confidence in avoiding debt restructuring and maintaining currency stability.