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A list of every leader ever on PTI’s economic team

Hamed Yaqoob Sheikh becomes sixth secretary finance in PTI govt

SAMAA | - Posted: Dec 3, 2021 | Last Updated: 2 months ago
SAMAA |
Posted: Dec 3, 2021 | Last Updated: 2 months ago

The Pakistan Tehreek-e-Insaaf (PTI) government has been making constant changes to its economic team and this time it’s the finance secretary who has been replaced.

Hamed Yaqoob Sheikh, a grade 21 officer of the Pakistan Administrative Service (PAS), has been appointed the secretary finance (22 being the highest). He’s the sixth person to work as finance secretary since the PTI government came to power in 2018.

Here is a list of secretaries of finance who have so far served in the PTI government:

Arif Ahmed: He was the federal finance secretary when the Imran Khan-led PTI came to power. Just eight months down the road, he was removed.

Younis Dhaga: In March 2019, he replaced Arif Ahmed as secretary finance. However, he lasted only two months.

Naved Kamran Baloch: In May 2019, Baloch became the new finance secretary. He served in this capacity till December 2020.

Kamran Ali Afzal: The PTI government once again decided to introduce a secretary finance and this time it was Kamran Ali Afzal. He remained in the position for five months.

Yousuf Khan: In May 2021 Khan was appointed finance secretary but he lasted five months.

Hamed Yaqoob Sheikh: On December 2, 2021, the government issued a notification appointing Sheikh as the new secretary.

Finance ministers under the PTI

Asad Umar: He chaired the finance ministry for nine months – between August 2018 and April 2019. Inflation increased from 5.8% to 8.3%. Petrol prices went up Rs3.64 per liter, and sugar prices shot up Rs11 per kg.

Dr Abdul Hafeez Sheikh: The portfolio was then handed over to Dr Abdul Hafeez Sheikh. He was appointed finance minister in April last year and headed it till March this year. Inflation recorded at 14.6%. Petrol prices were up by Rs13 per liter. Ghee doubled from Rs150 to Rs300 per kilogram.

Hammad Azhar: Shaikh was replaced by Azhar but he headed the finance ministry for only a month

Shaukat Tarin: In April 2021, Tarin was appointed Pakistan’s fourth finance minister. Inflation swung between 9% and 11%. Petrol shot up by Rs29.23 a liter, taking it to a record high of Rs137.79 per liter.

FBR chairpersons under PTI

Rukhsana Yasmeen was the FBR chairperson when the PTI government came to power in 2018.

Muhammad Jahanzaib Khan: The government decided to replace the FBR head and appointed Khan. However, the change did not stop there. Here are subsequent names for the slot:

Shabbar Zaidi

Nausheen Javed

Muhammad Javed Ghani

Asim Ahmed

Dr Muhammad Ashfaq is currently heading the tax authority

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4 Comments

  1. Anonymous  December 3, 2021 12:03 pm/ Reply

    Not an expert of economics….but to say that when Asad Umar served this happened and when Hafeez sb served that happened, sounds a bit too simplistic and doesnt present a detailed picture. I mean, it presents as if solely whatever good or bad happened is because of them solely. It ignores external factors, like supply chain problems,covid relatex financial issues etc.
    However imho not fixing dollar by pumping dollars into market might have caused prices of imports to increase, though dont have enough info to decide pros and cons of that decision

  2. Salimullah abbasi  December 3, 2021 4:19 pm/ Reply

    Excellent

  3. raam  December 3, 2021 9:44 pm/ Reply

    Pakistan’s economy is going down and down after the distortion of the Pakistani system and constitution by 18 amendments by Zardari and Nawaz in 2008.
    Karachi, Islamabad, Lahore, Peshawar, Quetta, Punjab, Sind, Balouchistan, KP.

  4. EJAZ CHAUDRY  December 4, 2021 1:33 am/ Reply

    THIS IS THE CURSE OF GOD ALMIGHTY ON OUR NATION. From laborer to President all are are dishonest .Dealing with RIBS GOD HAS ALREADY DECLARED WAR AGAINST THOSE WHO DO SUCH DEEDS. THIS NATION WILL KEEP BLAMING EACH OTHER TILL THERE TIME IS UP AND THEY WILL SEE WITH THERE OWN EYES EXCELLENT IN GETTING THE WRATH OF GOD

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