Pakistan, May 7 -- Amid rising geopolitical tensions with India, the Finance Ministry of Pakistan has reinforced contingency measures to protect financial operations and ensure resilience across the country's economic institutions. The move follows Indian airstrikes on six sites in Punjab and Azad Jammu and Kashmir, prompting retaliatory action by Pakistan's military, which downed five Indian fighter jets.
An emergency virtual meeting, chaired by Finance Minister Muhammad Aurangzeb from London, brought together senior officials including the State Bank governor, SECP chairman, and the Finance Secretary. The session focused on assessing financial system vulnerabilities and executing immediate risk management protocols across sectors.
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