Finance Minister Chairs Meeting on Advancing Social Impact Financing

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting of the Prime Minister’s Committee on Social Impact Financing to discuss innovative strategies for enhancing financial inclusion and uplifting marginalized communities.

Key stakeholders from public and private sectors, including State Bank Governor, SECP Chairman, and private sector leaders, participated in the session, focusing on creating a policy and regulatory framework to connect philanthropy with underserved populations.

Highlighting the government’s role in enabling private sector leadership, the Finance Minister emphasized the importance of transparency, digital solutions, and accountability to build trust. He called for mobilizing philanthropic capital to achieve sustainable social outcomes, enhancing financial inclusion while adhering to religious principles, and promoting blended financing models and public-private partnerships.

The participants proposed regulatory measures to encourage private sector innovation and protect social impact investments. The Finance Minister praised the collaborative efforts and directed expedited development of the policy framework, reiterating the government’s commitment to fostering sustainable growth and community welfare.