Ishaq Dar has not resigned as Finance Minister: Musadik Malik

Government of PakistanIshaq Dar has not resigned as Finance Minister: Musadik Malik

ISLAMABAD, Pakistan: The Prime Minister’s Special Assistant Musadik Malik has denied reports of Ishaq Dar’s resignation, saying that until the Finance Minister resigns, all the reports of his replacement should be deemed as rumours.

“We have not yet shortlisted any candidate to spearhead the Finance Ministry,” Musadik Malik said on Saturday adding that Ishaq Dar is on leave due to illness, and the Finance Ministry is running its matters as per routine.

Earlier in the morning, mainstream media reported that the Finance Minister Ishaq Dar has relinquished his Post as he embattles to fight his corruption cases in National Accountability Court (NAB) in pursuance of the Supreme Court of Pakistan’s judgment in Panama Papers Case.

Sources said that the resignation of Ishaq Dar has been sent to Prime Minister Shahid Khaqan Abbasi, who is now expected to assume the portfolio of Finance as well following the resignation of Ishaq Dar.

They said that a two-member team of economists which will include Special Assistant to the Prime Minister on Economic Affairs Miftah Ismail and former Governor State Bank of Pakistan Dr Ishrat Hussain will run the affairs of the Finance Ministry.

The news about Ishaq Dar’s resignation surfaced a few days after the NAB requested the Interior Ministry it include his name on its Exit Control List (ECL). While on Tuesday last week, an Accountability Court in Islamabad had also issued non-bailable warrants for Ishaq Dar after he failed to make his appearance before the Court to face a trial pertaining to possession of assets worth approximately Rs 831.7 million which are beyond his known sources of income.

Ishaq Dar was also removed from the Council of Common Interests (CCI), a Constitutional body which resolves the disputes of power sharing between the federation and provinces.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

On behalf of His Majesty King Hamad bin Isa Al Khalifa, His Royal Highness Prince Salman bin Hamad Al Khalifa, Deputy King of Kingdom of Bahrain, conferred Bahrain Medal - First Class upon Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff, Pakistan Air Force at Sakhir Air Base, Bahrain. The medal was awarded to Air Chief in recognition of his distinguished efforts to enhance military cooperation and defence collaboration between the two brotherly countries. The ceremony was witnessed by senior civil and military leadership of Kingdom of Bahrain. His Royal Highnes conveyed his heartfelt acknowledgement to Air Chief Marshal Zaheer Ahmed Baber Sidhu for the participation of Pakistan Air Force contingent comprising JF-17 Block-III fighter jets alongside air and ground crew in the Bahrain International Airshow. Chief of the Air Staff expressed his gratitude for the honour of receiving the Bahrain Medal - First Class. On the sidelines of Bahrain International Airshow, Commander of Ninth Air Force (US Air Forces Central Command — AFCENT), Lieutenant General Derek France called on Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff, Pakistan Air Force. The Air Chief reiterated his resolve to further enhance the existing bilateral cooperation between the two strategic partners. Commander AFCENT appreciated Pakistan’s efforts in promoting regional peace and vowed to enhance cooperation in the fields of joint training, mutual exercises and military to military collaboration. In a separate meeting, Chief of the Air Staff also called on Field Marshal Shaikh Khalifa bin Ahmed Al Khalifa, Commander-in-Chief of the Bahrain Defence Force.

Bahrain conferred Bahrain Medal – First Class upon Air Chief Marshal Zaheer Ahmed Baber...

0
Monitoring Desk: On behalf of His Majesty King Hamad bin Isa Al Khalifa, His Royal Highness Prince Salman bin Hamad Al Khalifa, Deputy King...
Smog in Lahore links with stubble burning in Amritsar and Ludhiana

Motorcycles contribute 69% to smog caused by transport in Lahore

0
Lahore, Pakistan: Pakistan ranks 179th out of 180 countries in the world in the Environmental Performance Index, reports Independent Urdu.According to data available with...

Yes—the people of Baltistan are unique in many ways

0
By Hina HaroonIn today's world, where people seem to be careless—where people don't even know who lives next door—where people only care about...

More men in uniform laid their lives for the motherland

0
Monitoring Desk: On 14 Nov 2024, on the reported presence of terrorists, planning to target innocent civilians in Harnai District, security forces under Major...

Anti Narcotics Force (ANF) ​​continues to crack down against drug smuggling

0
Monitoring Desk: Anti Narcotics Force (ANF) ​​continues to crack down against drug smuggling in educational institutions and various cities. Four suspects were arrested in...
Advertisement