Govt once again changes finance secretary

Author: Web Desk

ISLAMABAD: On Friday, the ruling government has once again changed its finance secretary, appointing Hamed Yaqoob Sheikh in place of Yousaf Khan on an urgent basis, according to a notification issued by the Establishment Division.

“Hamed Yaqoob Sheikh, a BS-21 officer of the Pakistan Administrative Service (PAS) presently posted as Additional Secretary (Incharge), Planning, Development and Special Initiatives Division, is transferred and posted as Additional Secretary (Incharge), Finance Divison with immediate effect and until further orders,” read the notification issued on December 2.

Khan, who was posted as the finance secretary in May 2021, has been appointed the secretary of the Secretariat of the Council of Common Interests (CCI).

Meanwhile, during the tenure of PTI in the last three years and four months, six finance secretaries have changed. Younas Dagha was replaced on the occasion of negotiating the IMF deal.

“The decision of replacing Yousaf Khan is a timely one because the ministry faced a difficult situation during the recently-held parleys with the IMF for the completion of the Sixth Review,” according to a report.

The government also informed and appointed Abdul Aziz Uquaili, a BS-21 officer posted as additional secretary (in-charge) of the planning, development and special initiatives department.

Share
Leave a Comment

Recent Posts

  • Business

Soyabean, palm oil imports grew 53.07%, 28.55% in 9 months

Edible oil imports including soyabean and palm into the country during the first three quarters…

4 hours ago
  • Business

China-Pakistan Investment and Trade Symposium held in Qingdao

China-Pakistan Investment and Trade Symposium was held in Qingdao, Shandong Province, China, aiming to attract…

4 hours ago
  • Business

Rupee remains largely stable against US dollar

The Pakistani rupee remained largely stable against the US dollar in the inter-bank market on…

4 hours ago
  • Business

Gold price per tola increases Rs1,100

Gold prices in Pakistan were back to winning ways on Wednesday in line with an…

4 hours ago
  • Business

‘Strong performance’: Standard Chartered explains reason for increase in share price

Standard Chartered Bank (Pakistan) Limited (SCBPL), a subsidiary of Standard Chartered Plc, said on Tuesday…

4 hours ago
  • Business

Pakistan Refinery suffers Rs1.24bn loss in 3QFY24

Battered by lower revenue and high cost of sales, Pakistan Refinery Limited (PRL), a subsidiary…

4 hours ago