The informal conversation between the media and finance Minister Muhammad Aurangzeb shed light on the formidable economic challenges facing the newly elected unity government, particularly in dealing with the International Monetary Fund (IMF). Despite the pressing nature of the issue, Minister Aurangzeb refrained from providing specific details about the government’s stance on the IMF deal during the swearing-in ceremony of the federal cabinet.
Acknowledging the economic hurdles ahead, Minister Aurangzeb emphasized the need for decisive action in the face of the daunting economic landscape of 2024. He reiterated the government’s commitment to harnessing all available resources and energies to navigate Pakistan out of its current economic predicaments.
However, when questioned about the IMF deal by media personnel, Minister Aurangzeb opted to defer his response, indicating that he would seek a comprehensive briefing on the matter in the coming days to assess the situation more thoroughly.
Meanwhile, President Asif Ali Zardari presided over the oath-taking ceremony, where 19 members of the federal cabinet were sworn in. The ceremony, held at the President’s House, saw the participation of Prime Minister Shehbaz Sharif and other dignitaries.
Prime Minister Sharif had earlier submitted a list of recommended federal cabinet members to President Zardari, adhering to the constitutional provisions outlined in Article 92, Clause 1. The appointment of these individuals signifies the government’s commitment to addressing the myriad challenges facing the nation and steering the country towards stability and progress.
As Pakistan braces itself for the economic trials ahead, the formation of the federal cabinet under President Zardari’s administration marks a pivotal moment in the nation’s journey towards addressing its economic woes and charting a course for sustainable growth and prosperity.
