Prime Minister Imran Khan has removed Finance Minister Dr. Abdul Hafeez Shaikh (Dr. Abdul Hafeez Shaikh), who lost the Senate election.
Dr. Abdul Hafeez Sheikh (File Photo)
Finance Minister Dr. Abdul Hafeez Shaikh, who lost to former PM Yusuf Raza Gilani in the recent Senate election in Pakistan, has been removed from the post. Prime Minister Imran Khan himself has removed him from his post. Imran has appointed Hammad Azhar, the Minister of Industry and Production, as the new Finance Minister in his place. The information minister of the country gave this information on Monday.
Ever since losing in the Senate elections, there was an atmosphere of uncertainty about the political future of Hafiz Sheikh. Sama TV news channel quoted Information and Broadcasting Minister Shibli Faraz as saying that Imran has decided to bring in a new finance team in view of rising inflation. Azhar will be the third minister to hold the finance ministry since Imran came to power in 2018. Faraj said that information regarding several other changes can also be revealed by Tuesday. Significantly, Hafiz Sheikh is considered to be a close leader of Imran. PM also campaigned for him in the Senate election.
Hafiz Sheikh was made the finance minister only last year
Azhar tweeted, I have been given additional charge of Finance Ministry by the Prime Minister. I feel very proud to get this. He said, Pakistan’s economy has made significant gains towards stabilization since 2018. There was uncertainty about Sheikh’s political future after losing to Yusuf Raza Gilani in the recent Senate elections. Sheikh was made the Finance Minister last year. However, he was not a member of Parliament.
Hafiz Sheikh has been on the target of opposition
Under the law, a person appointed as a minister must be a member of Parliament or become a member within six months of his appointment. If this does not happen, the minister will have to leave his department. He was criticized by opposition parties for his alleged links with international financial institutions. Hafeez was made the nominee of the IMF and was also criticized, but soon the decision was changed. The opposition celebrated about this.
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