Finance Minister of Pakistan, Senator Muhammad Aurangzeb has chaired the very first meeting of the Capital Market Development Council (CMDC) at the Finance Division today, highlighting the government’s focus on strengthening Pakistan’s capital markets.
As per the details, during the meeting, the FM emphasized the importance of creating vibrant, investor-friendly markets that can support economic growth, attract savings, and provide long-term financial stability. He said that developing strong capital markets is key to channeling investments into productive sectors and ensuring a resilient economy.
Finance Minister Chairs First Meeting of Capital Market Development Council (CMDC)
Federal Minister for Finance & Revenue, Senator Muhammad Aurangzeb, chaired the inaugural meeting of the Capital Market Development Council (CMDC) today at the Finance Division.
The Minister… pic.twitter.com/18KSAMuAK3
— Ministry of Finance, Government of Pakistan (@Financegovpk) November 28, 2025
The meeting brought together top officials from institutions like SECP, SBP, PSX, PBA, CDC, NCCPL, PBC, and the Finance Division. Together, they reviewed the roadmap for improving Pakistan’s capital markets and discussed ways to make the system more accessible for both retail and institutional investors.
Key topics included expanding investor participation, introducing a wider range of investment products, improving services for market intermediaries, offering incentives for companies including cross-border listings, modernizing regulations, and strengthening mechanisms for raising debt and equity capital.
In June 2025, Finance Minister had unveiled the Pakistan Economic Survey 2024-25.
FM Aurangzeb also stressed the need to remove obstacles that limit private sector participation. He called for a joint review of capital market taxation and issuer-side incentives to ensure policies reward companies that operate transparently and comply with regulations.
Dedicated working groups were formed to develop action plans and key performance indicators within the next two weeks. Progress will be reviewed quarterly to ensure reforms stay on track.
The initiative aims to build a dynamic and high-liquidity capital market ecosystem that encourages investment, supports businesses, and contributes to Pakistan’s long-term economic growth.
