Pakistan's austerity measures aim to promote fiscal responsibility amid a severe economic crisis, causing them to seek a financial bailout from the IMF. The global moneylender reached a staff-level agreement with Pakistan to release the last tranche of the $3 billion bailout package.
A Kashmiri-origin chartered accountant, Ishaq Dar has served as Pakistan's Finance Minister four times, the latest under Shehbaz Sharif till 2023. He has the critical task of mending bilateral relations with neighbours India and Afghanistan, which are now at their lowest.
Yasin Malik was sentenced to life imprisonment last year on terror funding charges and the National Investigation Agency (NIA) has sought the death penalty for him.
The changes were made after finance minister Asad Umar resigned.
Islamabad, June 7: The 25-member Council of Ministers of Pakistan's new Prime Minister Nawaz Sharif was sworn in at a ceremony here on Friday.Among those who took oath were 16 federal ministers, including Ishaq Dar,
Top News
Latest News
