Shaukat Tarin takes oath as new finance minister
Former Pakistan Peoples Party (PPP) lawmaker Shaukat Tarin was sworn in as the country’s new finance minister on Saturday during a ceremony held at the President House.
President Dr Arif Alvi administered the oath.
Tarin had also served as the finance minister in former premier Yousaf Raza Gilani’s cabinet from 2009 to 2010.
Tarin replaced PTI’s recently appointed finance minister Hammad Azhar, who has now been given the portfolio of energy.
Before Hammad’s short stint, PPP’s ex-financial czar Abdul Hafeez Shaikh served as the finance minister before being unceremoniously sacked last month – that too when the prime minister had claimed the economy was on course to recovery.
In other major changes, the prime minister has swapped the portfolios of science and information ministries between Fawad Chaudhry and Shibli Faraz. Fawad has been appointed the government’s spokesperson for the second time.
Shibli, who served as the information minister before his term as a senator ended in March, has been given the portfolio of the science and technology ministry.
In addition, PM Imran has appointed Khusro Bakhtiar the industries and production minister.