![]() ![]() In May 2019 Bajwa stepped down from his post after the then prime minister Imran Khan sought his resignation. Bajwa had served with Dar in the capacity as chairman of the Federal Board of Revenue and Economic Affairs and Finance secretaries.ĭar had also made him the State Bank of Pakistan governor after the acting central bank governor unilaterally decided to devalue the currency in late 2017. Ismail had termed Dar’s decision to keep the petroleum levy rates lower than the limit agreed with the International Monetary Fund as “reckless”, which was also not liked by the party leadership.īajwa’s appointment has been made on Dar’s recommendation. Ismail’s six-month ministerial term is going to end on October 17 and the cabinet division is still showing his status as a minister without any portfolio. However, the sources said, Ismail had clarified that he never said that. The sources said that Ismail aired his misgivings about getting to know of his removal through the media.Ī cabinet member revealed to The Express Tribune that Nawaz Sharif had expressed his apprehension about constant increase in petroleum products prices as against the elder Sharif’s understanding the prices would be increased only once. Neither Shehbaz nor Nawaz gave a one-to-one audience to Ismail to inform him about the decision to remove him from the most prestigious cabinet slot. ![]() Out of 35 federal ministers, two are without portfolio which is rare, including Ismail.ĭuring a meeting in London, Prime Minister Shehbaz Sharif informed Ismail about the decision to remove him from the post of the finance minister in the presence of PML-N supremo Nawaz Sharif, key party leaders and some cabinet members, according to the people privy to the proceedings of the meeting. ![]() The fresh appointment was made a week after Dar took the oath as finance minister following the unceremonious exit of Miftah Ismail who had been credited with saving the country from default. Some more appointments are also expected in the economic team. With the fresh addition, the total number of federal ministers, ministers of state, advisers and special assistants has touched 75. The prime minister’s cabinet has seen a constant increase, many of them without portfolios. ![]() In terms of Rule 4(6) of the Rules of Business 1973, the prime minister has been pleased to appoint Tariq Bajwa as Special Assistant to the Prime Minister with the status of the Minister of State, with immediate effect, according to a note signed by the PM’s Secretary.īajwa is among those five lucky ministers of state out of 29 who have also been assigned a portfolio. The government on Wednesday appointed Tariq Bajwa – an old confidante of Finance Minister Ishaq Dar and a former central banker and fiscal expert - as an aide to the Prime Minister on Finance in a move towards reshuffling the economic team. ![]()
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