photo: filePML-N’s second most powerful leader, and an experienced former finance minister, Ishaq Dar has returned to Pakistan after five years of self-exile. The business community has high hopes for Dar to be the next finance minister considering his experience, performance and track record in a similar position in the past. While Dar’s return has turned domestic business sentiment positive, weak economic fundamentals remain intact. Pakistan Business Council (PBC) CEO Ehsan Malik said Dar’s return has changed the local sentiment to positive for businesses. It is, however, learned that the change of finance minister is logical given that Ismail, who took charge as finance minister in April, was set to leave the position in October in any case.

Source: The Nation September 29, 2022 03:18 UTC