INFLATION OVERWHELMS HAFEEZ SHEIKH, PM UNHAPPY, HAMMAD AZHAR TO BE FINANCE MINISTER, NEW ECONOMIC TEAM TO BE FORMED: SHIBLI FARAZ
ISLAMABAD: Rising inflation in the country has hit Federal Finance Minister Abdul Hafeez Sheikh. The government has removed Abdul Hafeez Sheikh from the post of Finance Minister and given an additional portfolio of Finance Ministry to Hamad Azhar.
Senior PTI leader Senator Shibli Faraz while confirming the removal of Abdul Hafeez Sheikh from the post of Finance Minister said that Imran Khan was unhappy due to high prices due to which Hafeez Sheikh has been removed from the post.
The Prime Minister has decided to form a new economic team. Decisions are made keeping in view the facts. The changes in the cabinet are aimed at providing relief to the poor. Hamad Azhar will carry forward the vision of the Prime Minister. has been given.
Now the government will work with new vigor. All the focus will be on controlling inflation. The cabinet reshuffle will be decided today. Whatever changes are made will be made public. Which ministry should I be given? I don't know yet. He expressed these views while talking to various TV channels on Monday.
Sources said that there are reservations in the cabinet regarding economic policies and the autonomy of the SBP. Rising inflation is also a major issue on which the Prime Minister and several ministers have reservations.
According to sources, an important meeting was held under the chairmanship of Imran Khan on Monday in which changes in the federal cabinet was discussed. Sources said that the coalition parties MQM Pakistan and Balochistan Awami Party (BAP) were also consulted in the federal cabinet.
According to sources, the meeting considered proposals to strengthen the national discourse at the international level. The Prime Minister held a long meeting with the ministers in Bani Gala to discuss the performance of ministries and divisions. Suggestions are given.
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