Tag: Dar

  • I am a victim of Gen Faiz Hameed: Ishaq Dar

    I am a victim of Gen Faiz Hameed: Ishaq Dar

    Deputy Prime Minister and the Foreign Minister of Pakistan, Ishaq Dar, on Friday, revealed that the former ISI Chief, Lt Gen Faiz Hameed, who is currently facing a court-martial by Pakistan Army, once apologised to him for “victimising” him.

    “I am among the victims of Faiz Hameed,” said the deputy PM, skipping details about his allegations against Hameed.

    Last week, Gen Faiz was taken into custody by the military along with the initiation of court martial proceedings against him for allegedly victimising the owner of Top City Housing Society in the federal capital.

    Dar opined that this development was unprecedented in Pakistan, adding that his arrest indicated the end of a project started in 2011.

  • PM includes Dar in CCI instead of Aurangzeb

    PM includes Dar in CCI instead of Aurangzeb

    Prime Minister Shehbaz Sharif reconstituted the Council of Common Interests (CCI) on Friday, notably replacing Finance Minister Muhammad Aurangzeb with Foreign Minister Ishaq Dar.

    The PM is heading the CCI which constitutes the chief ministers of all four provinces. Interestingly, this is the first time in the history of the council that a Foreign Minister of Pakistan has been included in the CCI.

    Business Recorder article reported that it would be normal if a Finance Minister isn’t included in the CCI because historically it has happened. However, energy and planning ministers were mostly included because they deal with provincial matters.

    The presence of the Finance Minister and the Law Minister in the CCI is very important as these two portfolios are required to respond to numerous queries raised by the provinces during the meeting.

    A similar pattern could be observed as PM Shehbaz gave Ishaq Dar the control of Cabinet Committee on Privatisation (CCoP) as well instead of including Aurangzeb earlier this month.

  • Is Aurangzeb being pushed in background to give Dar more control?

    Is Aurangzeb being pushed in background to give Dar more control?

    In a surprising move, the Finance Minister of Pakistan finds himself cut from two major financial decision-making committees, while paving the way for a much bigger role in financial matters for Ishaq Dar, Express Tribune has reported.

    Prime Minister Shehbaz Sharif has reshuffled four cabinet committees. As a result, Finance Minister Aurangzeb now heads only one committee instead of three.
    PM Shehbaz kept the chairmanship of the very important Economic Coordination Committee (ECC) of the cabinet instead of giving the Finance Minister the portfolio.

    Meanwhile, the PM has given Foreign Minister Ishaq Dar the chairmanship of Cabinet Committee on Privatization (CCOP) – a post normally headed by the Finance Minister of the country.

    Tribune reported that there was some apprehension within the ruling party Pakistan Muslim League (PML-N) regarding the appointment of Aurangzeb as the Finance Minister and it was decided within the party leadership that Dar would stay in charge of economic affairs but in a different capacity.

    Finance Minister Muhammad Aurangzeb now chairs only the Cabinet Committee on State-owned Enterprises (CCoSOEs).