Pakistan's finance minister quits as cabinet shuffled before IMF deal

Pakistan's finance minister Asad Umar stepped down in a cabinet shuffle Thursday as Islamabad seeks a crucial bailout deal with the International Monetary Fund.

"As part of a cabinet reshuffle, PM desired that I take the energy minister portfolio instead of finance," Asad Umar tweeted. "Don't expect that there will be miracles and rivers of honey and milk will start flowing in the next three months," he warned.Economist Muzammil Aslam said Umar had taken"tough decisions" to fix the economy.

But experts have warned that any tough measures imposed by the IMF could impact Khan's grand plans for an Islamic welfare state in Pakistan.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Pakistan's finance minister steps down ahead of IMF dealISLAMABAD: Pakistan's finance minister Asad Umar has stepped down from cabinet, he announced Thursday (Apr 18), ahead of securing a crucial ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »

Pakistan's finance minister steps down ahead of IMF dealISLAMABAD: Pakistan's finance minister Asad Umar has stepped down from cabinet, he announced Thursday (Apr 18), ahead of securing a crucial ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »

Turkish finance minister says he had fruitful meetings at the White House[WASHINGTON] Turkish finance minister Berat Albayrak said on Monday he held very productive meetings in Washington with international financial institutions, following the unveiling last week of Turkey's economic turnaround plan. Read more at The Business Times.
Fuente: BusinessTimes - 🏆 15. / 51 Leer más »