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PM Shahbaz set to restructure economic team with key appointments

PM Shahbaz set to restructure economic team with key appointments

by Arshad Khan
January 12, 2025
in Economy
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Official announcements regarding these appointments are expected soon.

PM Shahbaz set to restructure economic team with key appointments. Prime Minister of Pakistan Shahbaz Sharif is reportedly working on significant changes to his economic team, with key appointments in prominent financial roles expected in the coming days.

As per the media reports, the Prime Minister’s Secretariat have revealed that Finance Secretary Imdad Ullah Bosal is likely to be appointed as Executive Director at the World Bank, marking a major shift in Pakistan’s economic leadership.

Meanwhile, current Executive Director at the World Bank, Dr. Tauqir Shah, is expected to return to Pakistan and join the federal cabinet in a new capacity. This move will see Dr. Shah transition from his international role back to a key position in Pakistan’s government.

Further reshuffles are also expected within the Finance Division. Notably, Chairman of the Federal Board of Revenue (FBR) Rashid Mahmood Langrial and senior bureaucrat Owais Manzoor Samra are being considered for the position of Finance Secretary. If Langrial is appointed, it is anticipated that Hamid Ateeq Sarwar, a BS-21 officer in the Inland Revenue Service, will succeed him as the new Chairman of the FBR.

These high-profile changes are seen as part of a broader restructuring aimed at strengthening Pakistan’s economic management. Official announcements regarding these appointments are expected soon, signaling a new phase in the country’s financial leadership.

Tags: FBRShehbaz Sharif
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