Pakistan finance minister: conflict with India won't have large fiscal impact


FILE PHOTO: Pakistan Finance Minister Muhammad Aurangzeb speaks during a Reuters interview at the 2025 annual IMF/World Bank Spring Meetings in Washington, D.C., U.S., April 25, 2025. REUTERS/Ken Cedeno/File Photo

KARACHI/ISLAMABAD (Reuters) -The recent military escalation with arch-rival India won't have a large fiscal impact on Pakistan and can be managed within the current fiscal space, with no need for a new economic assessment, Pakistan's Finance Minister said in an interview with Reuters on Monday.

Trade talks with the United States – which had played a key role mediating a ceasefire between the two countries – would likely have progress in “short order” and that Pakistan could import more high-quality cotton, more soy beans and was also exploring other asset classes, includinghydrocarbons, Finance Minister Muhammad Aurangzeb said in the online interview.

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