Finance Minister Miftah Ismail has stepped down from his post as senior PML-N leader Ishaq Dar is all set to become the country’s new finance minister.
Earlier it was reported that Dar will leave for Pakistan along with PM Shehbaz on Sunday night and will reach home on Monday.
The development came after an important party meeting held under the chairmanship of Pakistan Muslim League-Nawaz (PML-N) supremo and former prime minister Nawaz Sharif in London on Sunday.
Premier Shehbaz Sharif, Information Minister Marriyum Aurangzeb, outgoing finance minister Miftah Ismail and other party leaders including Ishaq Dar and Malik Muhammad Ahmad Khan also attended the huddle.
In the meeting, the overall political situation of the country was discussed in detail.
Miftah submitted his resignation to the PML-N supreme leader, saying the ministry was entrusted by the party.
“I worked to the best of my ability for four months, and remained loyal to the party and the country,” the PML-N statement quoted Miftah as saying during the meeting.
Nawaz Sharif appreciated the efforts made by Miftah for carrying out the responsibilities under the “tough economic challenges”.
During the huddle, PM Shehbaz and party supremo Nawaz nominated Dar as the new finance minister of the country.
