Hafeez Sheikh to continue as Finance Minister despite losing Senate election

PM Imran directs Hafeez Shaikh to continue as Finance Minister

ISLAMABAD: Prime Minister Imran Khan has directed Abdul Hafeez Shaikh to continue his duties as Minister for Finance despite his defeat to Opposition candidate Yousuf Raza Gilani for the Islamabad general seat in the Senate.

According to the reports, the prime minister, in a meeting with the finance minister, expressed full confidence in his abilities and asked that he continue his work.

PM Imran Khan said he recognises the efforts Shaikh has made to boost Pakistan’s economy.

They added that following Shaikh’s meeting with the premier, he decided not to hand in his resignation.

Abdul Hafeez Shaikh was appointed Advisor on Finance after Minister for Finance Asad Umar tendered in his resignation in 2019. Later on, 11 December 2020, Shaikh was appointed as Federal Minister of Finance and Revenue.

As per the Constitution, Shaikh, who has not been elected like other parliamentarians, will no longer be able to hold the position of a minister after six months in the portfolio. Shaikh still has time until June.

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