What did Shaukat Tareen think about the economy before he became finance minister?


In this file photo, Pakistan’s newly elected Finance Minister Shaukat Tareen meets Prime Minister Imran Khan at the PM House in Islamabad on October 9, 2018. – PTIKP’s official Twitter account

Prime Minister Imran Khan has reshuffled his sixth cabinet and as a result, Shaukat Tareen has been appointed Pakistan’s new finance minister, replacing Hamad Azhar – who has been in the ministry for less than a month. ۔

But what did Tareen think about the country’s economic policy before he was appointed?

Talking a few days ago. Geo News. In the program “Today with Shahzeb Khanzada”, he presented a charge sheet against the government’s economic policy.

“We don’t know where the economy is going. […] We have to set up our own house, “the newly appointed finance minister said at the time.

He said the captain of the ship would have to be stronger and stronger or the ship would not move forward.

“We have to change the NAB (National Accountability Bureau) rules to bring in people from the private sector,” Tareen added.

Two days ago, speaking on another TV show, he said that achieving Pakistan’s current economic goals is a difficult task, but not impossible.

He said that Pakistani nation is not afraid of difficulties.

Tareen had said that if the Federal Board of Revenue (FBR) did not increase its revenue by 15 per cent, the country would run out of money to spend.

The FBR will have to bring in 20% revenue in 5-7 years. […] Otherwise, the country will not be able to achieve an economic growth rate of 7-8%.

Changes in the Ministry of Finance

Tareen has become the fourth person to replace Federal Minister Hamad Azhar as Finance Minister. Azhar was removed less than a month after his appointment.

Before Azhar, Asad Umar and Abdul Hafeez Sheikh were appointed finance ministers.

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