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Abdul Hafeez Shaikh to hold on as finance minister on PM’s directives

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Abdul Hafeez Shaikh to carry on as finance minister on PM's directives

Minister for Finance Abdul Hafeez Shaikh will keep it up his ministerial duties after receiving a nod of approval from Prime Minister Imran Khan, sources knowledgeable Geo Information on Saturday.

Shaikh has obtained a pat on the again by the premier regardless of his defeat to Opposition candidate Yousuf Raza Gilani for the Islamabad common seat in Senate.

Sources knowledgeable Geo Information that the prime minister, in a gathering with the finance minister, expressed full confidence in his skills and requested that he proceed his work.

PM Imran Khan stated he recognises the efforts Shaikh has made to spice up Pakistan’s financial system, stated the sources.

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

In 2019, amid a cupboard reshuffle, Shaikh had been appointed Advisor on Finance after Minister for Finance Asad Umar tendered in his resignation.

In December final 12 months, nonetheless, the Islamabad Excessive Courtroom dominated that particular assistants and advisors haven’t any authority to chair or sit in on conferences of cupboard committees.

The judgment famous that Article 93 of the Structure permits the prime minister to nominate as much as 5 advisors, however the conferring of a federal minister standing on an advisor is “only for the purpose of perks and privileges” and “does not make the advisor a federal minister as such”.

It additional dominated an advisor “can address the Parliament but cannot participate in the voting process”.

The PTI nonetheless discovered that it may well treatment this sticky state of affairs. The prime minister is empowered to nominate an un-elected particular person as a minister for six months beneath Article 91(9) of the Structure.

It was beneath this allowance that a couple of days after IHC’s ruling, Abdul Hafeez Shaikh took oath as Minister for Finance.

Nonetheless, the Structure states that on the finish of six months, that particular person will “cease to be a minister and shall not before the dissolution of that Assembly be again appointed a minister unless he is elected a member of that Assembly”.

The article additionally states that “nothing contained in this clause shall apply to a Minister who is member of the Senate”.

The federal government was trying to the end result of the Senate polls to resolve this conundrum however Shaikh misplaced to Gilani.

Shaikh nonetheless has till June beneath the ordinance that allowed him to change into finance minister to proceed his duties in that capability. Nonetheless, past that time, he shall be unable to proceed until the meeting is dissolved and he’s as soon as extra elected.

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