Ishaq Dar decides to resign due to 'bad health'

Finance Minister has not quit: Pak.

Important development has been made regarding Finance Minister Ishaq Dar's decision of stepping down from his office as Pakistan Muslim League-Nawaz led-government sources have on Saturday confirmed that Dar has not resigned yet. He said the finance secretary who was the principal accounting officer was in direct contact with Mr Dar and Prime Minister Shahid Khaqan Abbasi. Shahid Khaqan Abbasi, therefore, is in a lot of pressure at the moment.

Ishaq Dar was also removed from the Council of Common Interests (CCI), a Constitutional body which resolves the disputes of power sharing between the federation and provinces. The finance minister will face all the charges that have been levelled him in the NAB references, she commented.

On Nov 14, the accountability court issued non-bailable arrest warrants for the minister due to his absence from the court.

Finance Minister Ishaq Dar has not resigned, the Pakistan government said on Saturday amid reports that the embattled leader had made a decision to step down after his indictment in the Panama Papers scandal.

According to sources, the minister took this decision after National Accountability Bureau (NAB) requested accountability court to put his name in Exit Control List (ECL).

The spokesman said that the issues regarding the operations of the ministry were being looked after by Mr Dar despite illness while policy matters were being handled by Special Assistant to the Prime Minister on Economic Affairs Miftah Ismail.

Shaukat Tarin, who served as Finance Minister in the PPP government, and Dr Ishrat Husain, who was Governor of the State Bank of Pakistan during Pervez Musharraf's regime, are among those being considered for the job.

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