The government has decided to remove Abdul Hafeez Shaikh as Pakistan’s finance minister, sources said Monday.
Hammad Azhar, the minister for industries and production, will be made the country’s new finance minister, said sources.
The development comes weeks after Shaikh was defeated by PPP Yousaf Raza Gillani in the March 3 Senate elections.
In 2019, Shaikh was made Advisor on Finance after Minister for Finance Asad Umar tendered his resignation.
He was made the minister for finance in December 2020 for six months.
