Hafeez Shaikh takes charge as finance advisor to PM

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Hafeez Shaikh lauds leadership of armed forces for limiting their budget

ISLAMABAD: Technocrat Abdul Hafeez Shaikh on Saturday has taken charge as Advisor to the Prime Minister on Finance, Revenue and Economic Affairs.
According to details, the senior officials of the finance ministry has welcomed Hafeez and congratulated him. The advisor announced that economic decisions need to be well thought out and free from emotions.
Earlier, Prime Minister Imran Khan’s Federal Cabinet underwent major reshuffle after which, Asad Umar quitted as the Finance Minister of Pakistan and Dr Abdul Hafeez Sheikh was appointed as Advisor on Finance.
Dr Abdul Hafeez Shaikh – an acclaimed economist – holds international repute. He has over 35 years of experience in economic policy-making, management and implementation.
Abdul Hafeez Shaikh obtained an MS and a PhD in Economics from Boston University. He worked as Saudi Arabia’s country head with the World Bank, as senior official adviser to 21 countries in Asia, Africa, Europe and Latin America. He was also employed at Harvard University.
Abdul Hafeez remained Pakistan’s finance minister from 2010 to 2013 during the tenure of the Pakistan Peoples Party; minister of finance, planning and development of Sindh from 2000 to 2002. He served as minister for privatization under former president General (retd) Pervez Musharraf.

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