Ishaq Dar to become finance minister: PML-N spokesperson

Why couldn’t he find someone else?

http://www.beta.dawn.com/news/1011133/ishaq-dar-to-become-finanace-minister-pml-n-spokesperson

Ishaq Dar to become finance minister: PML-N spokesperson

ISLAMABAD: Pakistan election-winner Nawaz Sharif has picked a veteran finance minister to serve in his cabinet as Karachi stocks hit an all-time high Monday over hopes his pro-business agenda can revive the economy.

Sharif, who has sought to present himself as a pragmatist who can do business with the United States and improve relations with nuclear rival India, won a resounding victory in Saturday’s landmark polls.

Sharif will likely need only the estimated 27 independents and his proportion of seats reserved for women and minorities, to secure a majority in the first democratic transition in a country accustomed to long periods of military rule.

US President Barack Obama said Washington was ready to work with Islamabad “as equal partners” and welcomed the transition.

India’s Prime Minister Manmohan Singh said he hoped to chart “a new course” in relations.

Sharif’s biggest challenges are likely to be fixing the shattered economy, an appalling energy crisis and tackling Islamist militancy.

PML-N spokesman Siddiqul Farooq told AFP the party had secured a “comfortable majority” at the national level and a “two-thirds majority” in Punjab province, where Sharif’s younger brother Shahbaz would return as chief minister.

Ishaq Dar, who served as finance minister in Sharif’s second administration and again briefly in 2008, would return to the job, the spokesman said.

Dar had “all the facts and figures at his fingertips” and will in June present the budget for the next financial year starting on July 1, Farooq said.

“We have credibility on the economic front, the unprecedented surge in the stock market today is proof,” the PML-N spokesman said.

Re: Ishaq Dar to become finance minister: PML-N spokesperson

He has remained finance minister before, maybe that's the qualification.

Re: Ishaq Dar to become finance minister: PML-N spokesperson

Sartaj Aziz?

Very difficult time coming in next few weeks trying to come up with a budget proposal.

Re: Ishaq Dar to become finance minister: PML-N spokesperson

He could have used someone having a good experience in economy.

Re: Ishaq Dar to become finance minister: PML-N spokesperson

Maybe some technocrat who understands the economy? Why go back to same old people?

Re: Ishaq Dar to become finance minister: PML-N spokesperson

Well stock market surge over 300 points after the news, ... seems like a good choice !

Re: Ishaq Dar to become finance minister: PML-N spokesperson

^^^ Thats a bubble waiting for burst.

Re: Ishaq Dar to become finance minister: PML-N spokesperson

A minister needs to be an elected MNA or senator. They can appoint technocrat advisers though.

Re: Ishaq Dar to become finance minister: PML-N spokesperson

Haha, Déjà vu.

Same old, same old. Money launderer as the finance minister, maybe I can snuggle a few thabuntoos too, now that Hazrat Ishaq Dar is taking up the matters in his own hands. 90s once again.

Re: Ishaq Dar to become finance minister: PML-N spokesperson

There is a transaction period . National budget is to be prepared immediately . So this announcement was necessary to do the due work .

Re: Ishaq Dar to become finance minister: PML-N spokesperson

Reason is that Nawaz is big on loans, and stock market loves soft loans. Playing satta with people's money is always more fun.

Nawaz and co wrecked the financial sector in both his previous tenures. I am dreading it again this time.

Re: Ishaq Dar to become finance minister: PML-N spokesperson

Minister of money laundering. Who can clean Miansaab's money better then Ishaq dar.

Re: Ishaq Dar to become finance minister: PML-N spokesperson

RIP Pakistan's Economy

Re: Ishaq Dar to become finance minister: PML-N spokesperson

So Miftah Ismail was just a pretty face after all.

Re: Ishaq Dar to become finance minister: PML-N spokesperson

A fu***ng simple accountant running accounts for Itefaq Foundary in the past gets to become finance minister of Pakistan the 2nd time. This is another proof what kind of capable people PML-N has in their team to run the country. Sartaj Aziz is another duffer.

Re: Ishaq Dar to become finance minister: PML-N spokesperson

from wiki…

Ishaq Dar - Wikipedia, the free encyclopedia
Dar is a graduate of Punjab University which he attended in 1968. In 1972, he did his Bachelor of Commerce with honours, and was awarded two Gold medals and Roll of Honor for First position in the University of Punjab.[2] Immediately after his graduation Mr. Dar then went to the UK and did his Chartered Accountancy from ICAEW. Mr. Dar was one of the youngest Pakistanis at the time to have passed the Professional Qualification in minimum time period; Senator Dar is now a Fellow Chartered Accountant. In 1993, Dar was the president of the Lahore Chamber of Commerence and Industry.[2] As of today, Dar is currently the president of the International Affairs of the Pakistan Muslim League (N).[2]

Re: Ishaq Dar to become finance minister: PML-N spokesperson

BBC's documentry is his biggest qualifiacation.

Re: Ishaq Dar to become finance minister: PML-N spokesperson

He may be qualified but we all know what he is capable of

RIP Pakistani’s Economy If he becomes Minister again

Re: Ishaq Dar to become finance minister: PML-N spokesperson

When the country wants to go back to same old people, what is your objection?

Re: Ishaq Dar to become finance minister: PML-N spokesperson

you meant surcharge aziz...right?