Pakistan swears in Ishaq Dar as finance minister By Reuters


© Reuters. FILE PHOTO: Pakistan’s possible new Finance Minister Ishaq Dar walks upon his arrival on the Nur Khan navy airbase in Chaklala, Rawalpindi, Pakistan September 26, 2022. Prime Minister’s Workplace/Handout by way of REUTERS.


By Asif Shahzad

ISLAMABAD (Reuters) -Seasoned politician and chartered accountant Ishaq Dar took the oath as Pakistan’s new finance minister on Wednesday, the prime minister’s workplace mentioned in a press release.

It’s Dar’s fourth stint as finance minister, and he should cope with among the worst financial turmoil the South Asian nation has confronted.

Dar, who at present holds a seat within the higher home of Pakistan’s parliament, was given the job after his predecessor Miftah Ismail give up, the fifth holder of the publish to go away in lower than 4 years amid persistent financial turbulence.

President Arif Ali administered Dar the oath of workplace in a ceremony broadcast dwell on state TV.

The senior politician from the ruling occasion of Prime Minister Shehbaz Sharif flew to Islamabad on Monday night time after ending 5 years in self-exile in London.

He had left Pakistan in 2017 for medical remedy, pending corruption instances, which he says have been politically motivated.

An anti-graft court docket final week suspended his arrest warrants enabling him to get again with out being held.

Leave a Reply

Your email address will not be published.