Asia Pakistan finance minister says to step down after talks with Khan

Pakistan finance minister says to step down after talks with Khan

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Pakistan’s Finance Minister Asad Umar

Pakistan Finance Minister Asad Umar on Thursday said he would step down from his role after discussions with Prime Minister Imran Khan about a cabinet reshuffle, suggesting he is due to leave his position.

“As part of a cabinet reshuffle PM desired that I take the energy minister portfolio instead of finance. However, I have obtained his consent to not take any cabinet position,” Umar said.

Umar added that he strongly believes that Khan is the best hope for Pakistan, which is currently undergoing delicate negotiations with the International Monetary Fund (IMF) for a bailout to avert a balance of payments crisis.