Islamabad: In a high-level emergency economic meeting led by Finance Minister Senator Mohammad Auragnzeb, participants reiterated the government’s full commitment to preserving economic continuity and strengthening stakeholder confidence across all markets.
Emphasis was placed on the proactive steps being implemented to safeguard the integrity of the financial system and provide transparency and assurance to the investment community.
An emergency session was held today at the Finance Division, chaired remotely by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, to evaluate the resilience of Pakistan’s financial markets amid rising regional tensions sparked by recent aggressive actions from India.
The meeting also reviewed the country’s cybersecurity preparedness and the reliability of communication networks supporting financial operations.
Officials agreed to bolster existing contingency frameworks to ensure seamless market functioning and secure data channels.
The discussion centered on the current state and functioning of the equity, debt, foreign exchange, and interbank markets.
A rapid assessment of associated risks was carried out, focusing on potential vulnerabilities and the need to ensure continued stability across the country’s financial infrastructure.
In view of the dynamic situation, it was resolved that the developments would be closely monitored through frequent reviews.
These would help inform responsive decision-making and reinforce confidence in the broader economic environment.
Senator Aurangzeb reassured participants that Pakistan’s financial system remains strong, stable, and well-equipped to handle external shocks.
With institutions working in close coordination to defend the country’s economic interests under the present challenges.
Also Read: Pakistan Suspends All International Pacts With India, Considers Water Stoppage an Act of War; NSC
The meeting was attended by top officials including the Governor of the State Bank of Pakistan, Chairman of the Securities and Exchange Commission of Pakistan (SECP), Secretary Finance, and senior members of the Finance Division.
SECP Convenes Emergency Meeting Amid Regional Tensions to Ensure Market Stability
In light of heightened geopolitical tensions in the region, the Securities and Exchange Commission of Pakistan (SECP) held an emergency meeting to evaluate the potential impact on financial markets and to reinforce its commitment to maintaining stability and investor confidence during this period.
The session included participation from key Capital Market Infrastructure Institutions (CMIIs) — namely the Pakistan Stock Exchange (PSX), National Clearing Company of Pakistan Limited (NCCPL), and the Central Depository Company (CDC).
These institutions confirmed that strong risk management frameworks are already in place to support the uninterrupted operation of Pakistan’s capital markets.
To proactively address emerging risks, the SECP instructed all CMIIs to immediately bolster their operational resilience and security measures.
Read More: Neelum-Jhelum Hydropower Plant Damaged In Indian Attack
This directive includes fortifying cybersecurity systems across all trading, clearing, risk assessment, and settlement platforms.
The SECP also called for full activation of business continuity protocols and enhanced physical security at all critical market facilities.
The SECP continues to monitor the evolving situation closely and stands ready to issue further guidance as needed.
Market entities have been encouraged to maintain normal operations, with assurances that the SECP and CMIIs are actively working to protect the integrity and functionality of Pakistan’s capital markets.
