FinMin warns prolonged Gulf conflict may raise risks despite economic resilience
Home Says 'It is not just inflation, but impacts on growth, exports, remittances and investment flows' Finance Minister Aurangzeb on Saturday said Pakistan’s economy remained stable amid rising global uncertainty triggered by the Gulf conflict, but warned that prolonged geopolitical tensions could weigh on inflation, growth, and external balances. In an interview with China Global Television Network (CGTN)’s programme The Heat, Aurangzeb said the government was currently managing the “first-order impact” of surging energy prices through careful procurement, pricing strategies and a shift from blanket to targeted subsidies. “We have been very focused on the procurement of molecules, the pricing, the logistics, how much time it takes, also over a period of time,” he said, adding that uncertainty over the duration of the conflict remains the key risk. Read: Trump sees 'good news' on Iran, still threatens renewed strikes
Published: April 18, 2026 8:35 am
Source: The Express Tribune — Read original