Pakistan appoints new finance minister amid economic crisis

KIFI

Published September 28, 2022 1:04 AM

By MUNIR AHMED
Associated Press

ISLAMABAD (AP) — Pakistan has appointed a new finance minister as the country struggles with an economic crisis. Ishaq Dar, who has held the role three times, was sworn in during a brief ceremony on Wednesday in the capital Islamabad. Dar, an accountant, returned to the country on Monday after five years of self-exile in the UK. His immediate challenge will be to convince the International Monetary Fund to soften some of its conditions under which Pakistan received a $6 billion bailout in 2019. The impoverished nation is struggling with the aftermath of historic flooding, which has killed more than a thousand people and left hundreds of thousands homeless.

Article Topic Follows: AP National

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.