Prime Minister Shehbaz Sharif has cautioned that escalating tensions in the Middle East, particularly the recent US-Iran clashes, could negatively affect Pakistan's economy.During a meeting to assess regional impacts, the PM emphasized the need for preparedness amid persistent uncertainties.
He acknowledged public support for previous austerity measures and highlighted the government's efforts to manage fuel supply through subsidies and conservation campaigns.While noting current economic stability, Shehbaz stressed the importance of contingency planning to mitigate potential future risks.The meeting included key ministers and officials, with discussions on maintaining petroleum reserves and addressing shortages.
The PM also commended the nation's participation in energy conservation initiatives, ensuring that vulnerable groups like transport operators are protected from fuel price hikes.The focus remains on safeguarding economic stability amidst regional geopolitical challenges.
Original title: PM Shehbaz warns renewed US-Iran conflict could hit economy again
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