Ishaq Dar is Pakistan’s new Finance Minister

 

 

 

ISHAQ Dar took oath as Pakistan’s new Finance Minister on Wednesday for the fourth time as the country struggled to resurrect its cash-strapped economy, also hit by unprecedented floods.

The 72-year-old senior leader of the Pakistan Muslim League-Nawaz (PML-N) who had been in self-exile since 2017 after being accused in a corruption case, took oath as the Finance Minister a day after he was sworn in as a Senator amid loud protests by former premier Imran Khan’s party members who shouted slogans, calling him a “thief” and an “absconder.”

President Arif Alvi administered the oath to Dar during a ceremony here which was also attended by Prime Minister Shehbaz Sharif. The move came after former finance minister Miftah Ismail stepped down from his post to make way for the PML-N senator. Dar was nominated by Nawaz Sharif and Prime Minister Shehbaz as the Finance Minister.