Abbasi takes charge of Finance Ministry

Author: Agencies

ISLAMABAD: Reports of Finance Minister Ishaq Dar’s resignation circulated on Saturday, claiming that he had sent his resignation to Prime Minister Shahid Khaqan Abbasi.

However, sources inside the Pakistan Muslim League-Nawaz (PML-N) denied the reports.

Later, Prime Minister’s spokesman Musadik Malik stated that in light of Ishaq Dar’s health, the Finance Ministry portfolio had already come under the prime minister’s control as per cabinet rules. The spokesman added that the prime minister was taking regular briefings on matters of finance and was managing the portfolio efficiently. Also on Saturday, State Minister for Information and Broadcasting Marriyum Aurangzeb termed the rumours of Ishaq Dar’s resignation fake. “Ishaq Dar is just not well. He has not resigned from his post.” Maryam Aurangzeb also said that Dar had boosted the confidence of the business community in Pakistan’s economy through his hard work.

Earlier, sources had said that due to a precarious economic situation, the PM was keen to make an announcement to this effect within a few days. However, Marriyum Aurangzeb said that the report was not true.

Published in Daily Times, November 19th 2017.

Share
Leave a Comment

Recent Posts

  • Op-Ed

US Sanctions – Gone Are The Days

Nations and international organisations have traditionally used sanctions as a pillar of their diplomatic strategies…

3 hours ago
  • Pakistan

CEO of PIA Extends Gratitude on International Labor Day

On May 1st, on the occasion of International Labor Day, a heartfelt message was issued…

9 hours ago
  • Business

Gold price per tola falls Rs2,000

Gold prices extended their decline in Pakistan for the third straight session on Tuesday, in…

9 hours ago
  • Business

Rupee gains 8 paisas against US dollar

The Rupee on Tuesday gained 08 paisa against the US dollar in the interbank trading…

9 hours ago
  • Business

Pakistan earns $614m by exporting transport services in 8 months

Pakistan earned US $614.947 million by providing different transport services in various countries during the…

9 hours ago
  • Business

HBL to inject up to Rs6bn equity in its microfinance bank

The Board of Directors of Habib Bank Limited, one of the country’s largest commercial banks,…

9 hours ago