Pakistani finance minister quits before IMF deal | The Malaysian Insight

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Pakistani finance minister quits before IMF deal

Asad Umar stepped down as Pakistani finance minister while Islamabad seeks billions from the IMF to save the cash-strapped economy. – EPA pic, April 19, 2019.

PAKISTAN’S finance minister Asad Umar stepped down in a cabinet shuffle yesterday as Islamabad seeks a crucial bailout deal with the International Monetary Fund. The government named Abdul Hafeez Sheikh, a former World Bank official who was Pakistan’s finance minister from 2010-2013, as “adviser on finance” replacing Asad, the Dawn newspaper and other media reported.

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