Dr. Shamshad Akhtar Takes Charge as Caretaker Finance Minister

Dr. Shamshad Akhtar officially stepped into her role as the Caretaker Finance Minister of Pakistan after taking the oath of office at the Presidency.

Upon her arrival at the Finance Ministry, she was warmly greeted by the Secretary Finance and senior officials of the Ministry. Subsequently, the Secretary Finance and his team provided a comprehensive briefing on the country’s economic situation and the trends of major financial and economic indicators.

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In assuming her new responsibilities, Dr. Akhtar conveyed her unwavering commitment to maintaining fiscal discipline, fostering investment, and intensifying efforts to tackle income inequality.

Dr. Shamshad Akhtar arrived at the Finance Ministry and officially took over the responsibility of Caretaker Finance Minister of Pakistan after taking oath at the Presidency, today. (1/2) pic.twitter.com/W7Pv4HkBDK

— Ministry of Finance, Government of Pakistan (@Financegovpk) August 17, 2023

It is noteworthy that Dr. Akhtar had previously served as the Finance Minister in the caretaker government preceding the 2018 general election. She had also held the position of the governor of the State Bank of Pakistan from January 2, 2006, for a three-year term, marking her as the first woman to lead Pakistan’s central bank.

As the interim finance minister, Dr. Akhtar is poised to navigate significant challenges in the lead-up to the elections, which are expected to be postponed. Her experience and leadership will play a pivotal role in addressing the economic landscape during this critical period.