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Pakistan: Finance Minister Hafeez Sheikh removed from his seat, Hammad Azhar to overtake

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ISLAMABAD, 30 MARCH, 2021 (TON): On Monday, the Prime Minister of Pakistan removed the Finance Minister Hafeez Sheikh from his office amid rising inflation.

After the move, the Information Minister Shibli Faraz stated that Industries and Production Minister Hammad Azhar will be leading the finance team.

According to Faraz, Khan decided to bring in a new finance team in view of the inflation that had taken place.

According to the Constitution, the premier can appoint any unelected representative as a minister for six months only.

However, this has seemingly come weeks after Shaikh, a former IMF employee, conceded a surprise defeat at the hands of a former prime minister and a joint opposition candidate, Syed Yousaf Raza Gilani.

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