Bridge Factor acted as Financial Advisor to NAVTTC for issuance of first PKR 1 billion Pakistan Skills Impact Bond (PSIB)
Islamabad – 30th December 2025
PRESS RELEASE
Pakistan Launches First-Ever Pakistan Skills Impact Bond
Pakistan today launched its first Pakistan Skills Impact Bond (PSIB), a private-capital-funded initiative backed by a Rs 1 billion Ministry of Finance guarantee, to finance outcome-based technical skills development.
The PSIB marks a shift from input-based public spending to results-driven social investment, linking funding to certification, job placement and six-month retention. Future tranches will gradually connect repayments to trainee earnings, ensuring sustainability and scalability.
Speaking at the launch, Federal Minister for Finance Senator Muhammad Aurangzeb said the initiative is central to Pakistan’s economic reforms and human capital strategy, emphasizing large-scale upskilling, high-value digital skills, and women’s inclusion, with 40% of trainees to be women. He described the government guarantee as catalytic and time-bound to crowd in private investment.
The ceremony featured the signing of financing documents and remarks from NAVTTC, the Ministry of Education, Bank of Punjab, British Asian Trust, FCDO, and other partners, reaffirming a shared commitment to youth-centered, measurable skills development under the PSIB. Bridge factor acted as Financial advisor to the transaction.
