Pak PM Shehbaz Sharif faces economic meltdown--clearing the mess left behind by Imran Khan will not be easy
How will Pakistan’s new Prime Minister Shehbaz Sharif and his team fix the rapidly dwindling economic situation in the country? Most importantly, Sharif will have to carefully choose the next finance minister. Pakistan, under PTI leader and former Prime Minister Imran Khan, saw four finance ministers in just a span of three years. Last year Khan appointed Shaukat Tarin as his finance minister. Tarin was the fourth finance minister appointed within three years. While the road ahead will be tough for the next finance minister, renewing negotiations with the International Monetary Fund (IMF) at the earliest and wooing back the Gulf countries will be on the agenda as the Sharif government’s immediate focus will be on the revival of the economy. The 70-year-old, brother of Pakistan’s former Prime Minister Nawaz Sharif Sharif, took charge on Monday after PTI leader Imran Khan lost the no confidence motion on Sunday. Read more