Dar has arrived in Islamabad to take charge of the Finance Minister.
Dar returned home after 5 years to get country out of economic woes. Nominated Finance Minister Ishaq Dar on Monday reached Pakistan along with Prime Minister Shehbaz Sharif.
According to details, Ishaq Dar has arrived in Islamabad to take charge of the Finance Minister, who will be sworn in as a Senator on Monday and as a Finance Minister on Wednesday.
It is pertinent to note that Dar has returned home after nearly five years to get the country out of economic woes.
Earlier on Sunday, Miftah Ismail resigned as finance minister in line with the party’s decision while Ishaq Dar has been nominated as Miftah’s replacement.
More From FactFile: Miftah announces tax relief for shop-owners consuming less than 150 units
The Pakistan Muslim League – Nawaz (PML-N) supremo Nawaz Sharif and Prime Minister Shehbaz Sharif held a meeting in London to discuss the ongoing situation in the country and measures taken by the sitting coalition government.
The meeting was also attended by former Finance Minister Ishaq Dar, Marryium Aurangzeb, Miftah Ismail, Malik Muhammad Ahmad Khan and Ahad Cheema.
Muhammad Ishaq Dar is a Pakistani accountant and Senator-elect who served as the Finance Minister of Pakistan.
He is a Senator-elect of Pakistan.Previously, he had been a Member of the Senate of Pakistan from 2003 to 2018.
He is a former Minister for Industries and Investment, Minister for Commerce and four-time Minister for Finance of Pakistan.
Born in 1950 and grew up in Lahore, Dar was educated at the Hailey College of Commerce, Government College University, later attending the Institute of Chartered Accountants in England and Wales.
Prior to entering politics, he worked as a professional chartered accountant in various private and public sector organizations.
Dar started his political career in early 1980s and since then he has been elected to the National Assembly of Pakistan twice for Lahore and to the Senate thrice.
He hold his first public office as the Chairman of Pakistan Board of Investment for a year during the first government of Nawaz Sharif.
After the PML-N victory in the 1997 general election, he held the cabinet portfolios of Minister for Commerce, Minister for Industries and Investment and Minister for Finance, until the 1999 coup.
He remained in jail for two years over corruption charges.