The Securities and Exchange Commission of Pakistan published a press release on Commissioner Muzzafar Ahmed Mirza’s meeting with National Defence University President Lieutenant General Babar Iftikhar, which included a discussion of Pakistan’s move into the World Bank’s Middle East and North Africa regional portfolio and how the shift could support regulatory reforms aimed at attracting foreign investment. In the meeting, the commissioner noted the reclassification from the Asia-Pacific region took effect on 1 July 2025 and framed it as an opportunity to strengthen Pakistan’s global positioning. He also pointed to foreign companies from China, Denmark, Hong Kong, Japan, Singapore, Spain, Türkiye, the UAE and the USA establishing operations in Pakistan over the past seven months, and highlighted the potential for closer SECP–NDU collaboration to deepen strategic insight on economic matters at the intersection of national security and economic resilience.
Securites & Exchange Commission of Pakistan 2025-12-03
Securities and Exchange Commission of Pakistan commissioner meets National Defence University president to discuss World Bank MENA reclassification and investment outlook
The Securities and Exchange Commission of Pakistan announced Commissioner Muzzafar Ahmed Mirza's meeting with National Defence University President Lieutenant General Babar Iftikhar, discussing Pakistan's inclusion in the World Bank’s Middle East and North Africa regional portfolio. Effective 1 July 2025, this reclassification is seen as a chance to enhance Pakistan's global standing and attract foreign investment. The meeting also explored potential SECP–NDU collaboration to integrate economic and national security strategies.