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Meet Dr Hafeez Sheikh, the new finance adviser

April 19, 2019

Photo: AFP

The government notified on Friday the appointment of Dr Abdul Hafeez Shaikh as adviser to the prime minister on finance, revenue and economic affairs.

Dr Shaikh, a political economist of international repute with over 30 years of experience, has served as the finance minister from 2010 to 2013.

He holds a PhD in economics. Dr Shaikh taught at Harvard University and worked at the World Bank for several years, advising 21 countries, including a stint as World Bank country head in Saudi Arabia.

Related: PM House announces major cabinet reshuffle

His appointment comes at a critical time in Pakistan when the value of the rupee has depreciated to a historic low and the economy is beset by inflation and debt.

Another notification was issued accepting the resignation of Asad Umar from the office of federal minister for finance, revenue and economic affairs.

According to the first notification, Dr Shaikh will serve as Adviser to the Prime Minister with the status of Federal Minister with immediate effect.

Umar’s resignation  followed a major  shake-up of the cabinet with Fawad Chaudhry, Ghulam Sarwar Khan and Shehryar Afiridi asked to relinquish charge of their ministries too.

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  1. Avatar
    Tasawar Hussain   April 20, 2019 12:44 pm/ Reply

    It was obvious. Nothing surprising, because they all making us fool by telling that they can pull out us from this crisis… All they can do is just bark…

  2. Avatar
    M.Z.Babar   April 20, 2019 9:58 pm/ Reply

    The slogan of Change is now windedup.
    The government now comprises of PPP and Musharraf selected people. They will just try to complete their period . In the next election again we will see different groups. And the Powers will make them united according to their choice. ALLAH Pakistan ki khair

  3. Avatar
    Zuhaib.ur.rehman   April 20, 2019 9:58 pm/ Reply

    Hope for the best.
    Best decision taken by government. Hafeez shaikh is a brilliant man in the field of economics. Allah almighty will help them.
    The thing is that government must consider the proposals of hafeez shaikh.

    Regards Zuhaib ur rehman shaikh from larkana

  4. Avatar
    M S K Rana   April 21, 2019 7:51 am/ Reply

    Feel sorry for the departure of Asad, but…but the move will serve PAKISTAN positively.

  5. Avatar
    Dr. Ali   April 21, 2019 1:24 pm/ Reply

    May be they are just trying to release pressure on them. Appointing new cabinet members is just a tactic. To save their govt face. They have proven out to be bad performer unfortunately. Pakistan needs Allah’s help now.

  6. Avatar
    Bilal   April 25, 2019 8:27 pm/ Reply

    I think paksian is going towards good directions.

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