Pakistan chases global role as economy, Balochistan, India tensions fester
Synopsis
Key Takeaways
Even as Pakistan positions itself as a potential mediator in the US-Iran conflict, a scathing editorial in Bangladesh's Dhaka Tribune argues that Islamabad is pursuing international relevance while a cascade of domestic crises — from a near-insolvent economy to armed insurgencies — remains unresolved. The critique, published on 24 May, comes days after a Pakistani delegation that included Army Chief Field Marshal Asim Munir and Interior Minister Mohsin Naqvi travelled to Tehran to press for a halt to hostilities between Washington and Tehran.
The Economic Strain at Home
The editorial, authored by Tanjina Aman Tanjum, pulls no punches on Pakistan's fiscal condition. 'Keeping Pakistan's economy operational without loans from the IMF has become nearly impossible. Foreign exchange reserves have repeatedly plummeted to levels where even meeting import costs has become a matter of grave concern,' Tanjum wrote.
The human cost, according to the piece, is tangible and worsening. Fuel shortages, surging electricity tariffs, and rising prices of daily essentials have, in Tanjum's words, 'rendered the lives of ordinary citizens unbearable.' Middle-class families are cutting back on daily spending, small businesses are fighting to survive, and a growing share of Pakistan's youth is reportedly looking to emigrate.
Balochistan, TTP, and the Afghanistan Fault Line
Beyond the economy, the editorial points to two active insurgencies eating into Pakistan's internal stability. The Tehreek-i-Taliban Pakistan (TTP) and the Balochistan Liberation Army (BLA) have, according to the piece, repeatedly carried out major attacks on Pakistani soil. Separately, border skirmishes, terrorism, and disputes linked to the Taliban in Afghanistan have kept the Pakistan-Afghanistan relationship in what Tanjum describes as a state of 'perpetual instability.'
The India Dimension
The Dhaka Tribune editorial also revisits Pakistan's fraught relationship with India, noting that the Kashmir dispute, border clashes, and political tensions have 'consistently kept relations between the two nations on edge.' The piece goes further, observing that 'on several occasions, situations have arisen where the spectre of a nuclear conflict loomed large' — a characterisation that underscores the high-stakes nature of the bilateral dynamic.
Why Pakistan Has a Stake in the US-Iran Standoff
The editorial does acknowledge that Islamabad's mediation push is not purely altruistic. Tanjum argues that a protracted Middle East conflict would drive up global oil prices, deepening Pakistan's already precarious fiscal position. Additionally, given Pakistan's large Shia population, prolonged instability around Iran risks igniting domestic sectarian tensions — giving Islamabad a clear self-interest in de-escalation.
The analysis reflects a broader regional conversation about whether Pakistan has the credibility and internal bandwidth to play a constructive diplomatic role, even as it grapples with challenges that have resisted resolution for years. How Islamabad balances these competing pressures in the weeks ahead will be closely watched across South Asia and beyond.