Asad Umar elected chairman of NA finance panel - The News Observers - Business & World News

Asad Umar elected chairman of NA finance panel

Asad Umar notified about rupee devaluation in advanceAsad Umar notified about rupee devaluation in advance

Ousted finance minister Asad Umar was elected chairman of National Assembly’s Standing Committee on Finance, Income and Economic Affairs on Monday.

The Pakistan Tehreek-e-Insaf (PTI) chief was nominated after Prime Minister Imran Khan and Foreign Minister Shah Mahmood Qureshi held separate conferences with the previous finance minister to persuade him to rejoin the federal cabinet.

Whereas Umar refused their request to grow to be part of the cupboard, he expressed willingness to go the standing committee on finance.

When the NA committee met on Monday, Pakistan Peoples Party (PPP) Syed Naveed Qamar proposed Umar’s identify whereas Sardar Nasrullah Khan Dreshak seconded the candidature. Particular secretary of the NA Secretariat guided the members on the process to elect the chairman.

Umar was unanimously elected chairman of the committee. After the vote, he expressed gratitude to the members for extending help and guaranteed them of operating the committee with consensus.

The particular secretary additionally assured the newly-elected chairman of full help of the NA Secretariat and the speaker. The members of the committee echoed the identical.

The assembly was attended by MNAs Raza Nasrullah, Faiz Ullah, Makhdoom Syed Sami-ul-Hassan Gillani, Sardar Nasrullah Khan Dreshak, Faheem Khan, Aftab Hussain Siddique, Muhammad Israr Tareen,  Ali Pervaiz, Dr. Aisha Ghaus Pasha, Nafisa Shah, Syed Naveed Qamar and Hina Rabbani Khar, moreover the senior officers of the Nationwide Meeting Secretariat.

Umar resigned from the federal cabinet in April after PM Imran eliminated him from the finance ministry and provided him the power ministry.

Nonetheless, the prime minister has been adamant that Umar would rejoin his group of ministers. “Asad Umar is clever and he’s valuable [asset]. He’ll return to the cabinet quickly,” Khan advised senior journalists just lately on the Prime Minister’s Office.

Umar’s removing has been the topic of a lot controversy, significantly within the backdrop of Pakistan’s ongoing negotiations with the International Monetary Fund (IMF).

Pakistan Peoples Party’s (PPP) senior chief Syed Khursheed Shah just lately claimed that Umar was eliminated as finance minister on IMF’s insistence.

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