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Reading: Shamshad Akhtar Exits as Privatization Minister Amidst Controversial Remarks
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Anwaar-ul-Haq Kaka and Shamshad Akhtar
PhotoNews Pakistan > Pakistan > Shamshad Akhtar Exits as Privatization Minister Amidst Controversial Remarks
PakistanTop News

Shamshad Akhtar Exits as Privatization Minister Amidst Controversial Remarks

Web Desk
By Web Desk Published September 14, 2023 2 Min Read
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Caretaker Finance Minister Shamshad Akhtar has met with Caretaker Prime Minister Anwar ul Haq Kakar in Islamabad.
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Caretaker Prime Minister Anwaar-ul-Haq Kakar has removed Shamshad Akhtar from her role as the Minister for Privatization.

As per insiders, this shift forms part of a broader restructure involving high-level negotiations with international entities.

It has been hinted that the Finance Minister is also relieved of her duties as the leader of the Cabinet Committee handling Inter-Governmental Commercial Transactions. In a surprising move, Fawad Hasan Fawad seems in the lineup to take on the Federal Minister for Privatization mantle, as conveyed by informed sources.

Controversial Remarks and Clarifications

Recently, conflicting reports had surfaced concerning remarks made by the outgoing minister during a meeting with the Senate’s Finance Committee. She was reported to have expressed regrets regarding her decision to accept the ministry position, albeit in a jesting manner. Additionally, she mentioned the unforeseen challenges in the economic landscape, promising an upcoming strategic blueprint from the caretaker administration.

However, in a subsequent clarification, Shamshad Akhtar emphasized that her words had been taken out of context. She shed light on the situation during an address captured in a video released by Information Minister Murtaza Solangi.

Clarifying the Controversy

In her explanatory statement, Shamshad Akhtar elucidated that the doubts regarding her position were raised by others, questioning her decision to undertake the finance minister role during a turbulent period. She countered these narratives by stating that she regarded the opportunity to serve Pakistan during these critical moments as a privilege. This clarification was disseminated through a video message shared by Information Minister Murtaza Solangi on a prominent social media platform formerly known as Twitter.

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