💨 Abstract

Pakistan's Finance Minister, Muhammad Aurangzeb, stated that recent military escalations with India have minimal fiscal impact and can be managed within the current budget. Aurangzeb anticipates progress in trade talks with the U.S., including increased imports of cotton and soybeans, and potential exploration of hydrocarbons. The U.S. announced a readiness to help after a ceasefire, while Pakistan faces a 29% U.S. tariff due to a $3 billion trade surplus.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖