Talking within the ARY Information program the reporters, former data minister Shibli Faraz mentioned that PM Khan was unhappy with the efficiency of the finance group over rising inflation within the nation.
“PM Khan was sad as a result of inflation within the nation and determined to usher in a brand new finance group,” he mentioned, including that the premier has expressed confidence over the efficiency of Hammad Azhar and appointed him new finance minister.
“Abdul Hafeez Shaikh’s future is unknown,” he added.
He additional mentioned that Prime Minister Imran Khan is more likely to attend a federal cupboard assembly on Thursday as he’ll bear a second coronavirus check on Tuesday.
The Pakistan Tehreek-e-Insaf (PTI) authorities at this time eliminated Hafeez Shaikh as finance minister.
Sources aware of this improvement say Prime Minister Imran Khan will even reshuffle the portfolios of a number of different federal ministers within the coming days.
Hammad Azhar, who’s at present serving as Federal Minister for Industries and Manufacturing, has been given an extra portfolio of the finance ministry.
Former data minister Shibli Faraz shall be given the portfolio of the petroleum ministry, whereas the data ministry shall be separated into two divisions, in response to sources.
Adviser on Finance Abdul Hafeez Shaikh was made the finance minister again in December 2020.