{
  "id": 9662438,
  "title": "PIA aircraft, refinery upgrades, Reko Diq: US financing opportunities being explored",
  "url": "https://urgent.news/2026/09/25/pia-aircraft-refinery-upgrades-reko-diq-us-financing-opportunities",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T00:45:17.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40441159/pia-aircraft-refinery-upgrades-reko-diq-us-financing-opportunities-being-explored"
  },
  "original_language": "en",
  "account": "Finance Minister Senator Muhammad Aurangzeb discussed potential US financing opportunities for Pakistan International Airlines (PIA) aircraft, refinery upgrades, and the Reko Diq mining project during meetings in New York. The Finance Minister met with US Export-Import Bank Chairman John Jovanovich to explore financing options for PIA's procurement of new aircraft, spare parts for grounded Boeing 777 planes, and financing for aircraft pre-delivery payments. Refinery upgrades were also identified as a potential area for US EXIM Bank support. The Minister emphasized the importance of the Reko Diq project for Pakistan's future exports and the consequences of delays, welcoming the US EXIM Bank's ongoing commitment to the initiative. Senator Aurangzeb also engaged with international partners on digital transformation, aviation, refinery modernization, and the Reko Diq project during the Digital Cooperation Organization's High-Level Ministerial Dialogue. He stressed the necessity of digital public infrastructure, cashless payments, and up-skilling and re-skilling for digital workers to move into higher-value services. Additionally, he outlined Pakistan's efforts in digital legislation, oversight, and licensing, and highlighted practical uses for virtual assets, such as streamlined remittances and tokenization of public debt and real estate. He called for enhanced cooperation among DCO member states to share successful strategies and attract investment in the digital economy.",
  "summary": "ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb on Thursday explored US financing opportunities for PIA aircraft, refinery upgrades and the Reko Diq mining project during his engagements in New York. According to a press release issued by the finance ministry issued here on Thursday, the minister discussed the financing opportunities with US Export-Import Bank Chairman John Jovanovich,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "Pakistan seeks US EXIM support for PIA Boeing 787 purchases, refinery upgrades",
        "url": "https://urgent.news/2026/09/24/pakistan-seeks-us-exim-support-for-pia-boeing-787-purchases-refinery",
        "published": "2026-09-24T04:56:33.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}