Pakistan to name Miftah Ismail as finance chief before IMF talks

  • 📰 STForeignDesk
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 71%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

is said to have selected a close ally of Prime Minister Shehbaz Sharif and his family as the new finance chief ahead of crucial talks with the International Monetary Fund, according to two people fami

liar with the matter.

Ismail, who was briefly finance minister in 2017-2018, will be among the officials responsible for negotiating with the multilateral lender to resume a programme that went into jeopardy after Khan unexpectedly cut energy prices, despite an agreement with the lender for the opposite. In a sign that he is set to clinch the finance chief role, party leader Maryam Nawaz shared on Twitter a picture of Ismail sitting next to Shehbaz Sharif on Wednesday . Ismail also held a press conference on Tuesday, hastily called by the Finance Ministry. He told reporters that inflation couldn't be immediately controlled because of the"flawed policies" of the Khan government.

"The problem here is the economy needs difficult fiscal policy decisions for which there would be political ramifications ahead of the elections. They may shy away from a few of them," Hussain said.Having graduated from Wharton with a doctorate in public finance, Ismail has been defining economic and energy policy of the Pakistan Muslim League-Nawaz.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Walmart names Paypal's John Rainey as finance chiefWalmart Inc has appointed Paypal's John Rainey as chief financial officer effective June 6, the retailer said on Tuesday. (Reporting by Deborah Sophia in Bengaluru; Editing by Vinay Dwivedi)
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »

Walmart taps PayPal's finance chief John Rainey as CFO:Walmart Inc has appointed PayPal Holdings Inc's finance head, John Rainey, as chief financial officer (CFO), the world's largest retailer said on Tuesday. Rainey will take over as CFO effective June 6, replacing Brett Biggs, Walmart's finance chief since 2015, who announced his exit late last year.
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »

US sanctions are 'stupid and crazy', former Hong Kong finance chief saysThe eminence grise of Hong Kong’s banking circles has come out swinging against the United States in an unusual webinar that set a strident tone against the economy with which the city’s currency and monetary policy are linked. The US government, under Donald Trump and his successor Joe Biden, has “weaponised” the financial markets , a “stupid and crazy” strategy...
La source: asiaonecom - 🏆 10. / 59 Lire la suite »

Poor countries face food, energy, finance crises due to Ukraine war, UN chief saysUNITED NATIONS: Poor countries face economic ruin from simultaneous crises of food, energy and finance due to supply disruptions caused by Russia's invasion of Ukraine, UN Secretary-General Antoni So tell US to stop aiding with more weapons , and truce starting from there , UN Ukraine and Russia have to talk .... Nobody else .
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »