Aurangzeb leads financial review amid rising regional tensions

Aurangzeb leads financial review amid rising regional tensions

Islamabad, May 7, 2025 – Finance Minister Muhammad Aurangzeb has reaffirmed the resilience of Pakistan’s financial system, emphasizing that it remains stable, secure, and well-coordinated despite growing regional tensions.

Chairing an emergency virtual meeting on Wednesday, Aurangzeb underscored the government’s commitment to protecting Pakistan’s financial infrastructure. The high-level meeting was convened to assess the broader financial landscape following recent acts of aggression by India, which have raised geopolitical concerns across the region.

Participants in the meeting included the Governor of the State Bank of Pakistan (SBP), Chairman of the Securities and Exchange Commission of Pakistan (SECP), Secretary Finance, and other senior officials from key financial institutions and the finance division.

Aurangzeb led a detailed and strategic discussion focusing on the performance and risk exposure of Pakistan’s equity, debt, foreign exchange, and interbank markets. The session involved a comprehensive review of market dynamics and threat perceptions, with particular emphasis on reinforcing national financial security and operational resilience.

“The government is fully committed to ensuring continuity and confidence in Pakistan’s financial system,” said Aurangzeb, adding that stakeholders can be assured of the robust measures in place to preserve financial stability. These measures are aimed at reinforcing investor trust and sustaining the country’s economic momentum even in the face of external pressures.

The meeting stressed the need for enhanced vigilance across the financial sector, particularly in relation to cybersecurity and critical communication infrastructure. Aurangzeb highlighted the importance of securing digital and institutional assets to shield the financial system from potential disruptions.

Contingency frameworks have been updated to ensure uninterrupted services and secure communication lines across all financial entities. The government, under Aurangzeb’s direction, will continue to monitor the situation closely, conducting regular reviews to adjust strategy as needed.

In total, five key assurances were delivered during the meeting: the financial system is stable, secure, resilient, coordinated, and under constant review. These pillars form the backbone of Pakistan’s financial strategy as the country navigates a challenging external environment.

Aurangzeb concluded by reiterating the government’s dedication to maintaining transparency, stability, and operational continuity across all segments of the financial sector.