In a potential shake-up of Pakistan’s federal cabinet, Muhammad Aurangzeb appears to be gearing up for the role of the next finance minister, reliable sources revealed on Tuesday. The move coincides with Prime Minister Shehbaz Sharif’s efforts to finalize his cabinet appointments.
Notably, Ishaq Dar, a former finance minister and a close ally of PML-N leader Nawaz Sharif, is reportedly not in contention due to health concerns. However, there are hints that Dar might be offered another significant position, taking into account his past efforts in rejuvenating the stalled IMF program during the Pakistan Democratic Movement.
According to reports from Geo News, Muhammad Aurangzeb, who previously held the position of President at HBL, is emerging as the frontrunner for the finance minister role. His impressive background includes over 30 years of extensive international banking experience, including roles such as CEO of JP Morgan’s Global Corporate Bank in Asia and various senior management positions.
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