PML-N starts preparation to remove Miftah Ismail, bring in Ishaq Dar
The ruling PML-N and its allies have started preparations to remove Finance Minister Miftah Ismail and bring in Ishaq Dar.
The ruling Pakistan Muslim League Nawaz (PML-N) and its allies have started preparations to remove Finance Minister Miftah Ismail and bring in Ishaq Dar.
Miftah Ismail is likely to face consequences of putting the ruling PML-N and its coalition partners in troubles by making difficult economic decisions for the masses which threatened the vote bank of the ruling government and its allies, sources told News360.
The ruling PML-N has started planning to remove Miftah Ismail and replace him with Dar in the coming day.
Some influential circles told News360 that Finance Minister Dr Miftah Ismail will not retain his position beyond October 18 because Clause 9 of Article 91 of the Constitution allows making an individual a federal minister who is eligible to contest elections of the National Assembly (NA) or Senate after six months of assuming a ministry.
It was learnt that on April 18, when Prime Minister Shehbaz Sharif formed his federal cabinet under the same law, Dr Miftah Ismail was appointed as finance minister. Now he cannot be retained as the finance minister beyond October 18.
However, the ministry of Miftah Ismail was in jeopardy before this short term of six months.
Senator Ishaq Dar, the former finance minister of PML-N, is considering returning home and his return is expected in September.
As soon as he returns home, he is expected to face trials of his cases and then he will have to take oath as a senator after which he will be given the finance ministry.
It emerged that some PML-N lawmakers have also proposed to make Ishaq Dar the Senate chairman, however, Ishaq Dar did not back the proposal.
The current finance minister, Dr Miftah Ismail, despite reviving the loan program from the IMF and receiving praise from the former finance minister Ishaq Dar, is suffering from mental stress and there is a danger that as soon as Ishaq Dar returns home, the portfolio of the finance ministry will be taken from him.
Analysts said that Ismail took difficult decisions for the betterment of the economy, however, he has not been able to face the masses in his constituency nor he could face the criticism from his own political party during sessions.
