{"id":27357,"date":"2024-03-11T21:06:53","date_gmt":"2024-03-11T21:06:53","guid":{"rendered":"https:\/\/pakistanintheworld.pk\/live\/?p=27357"},"modified":"2024-03-11T21:09:19","modified_gmt":"2024-03-11T21:09:19","slug":"from-moeen-to-shaukat-now-aurangzeb-another-foreigner-finance-minister-third-experiment-in-three-decades-by-tazeen-akhtar","status":"publish","type":"post","link":"https:\/\/pakistanintheworld.pk\/live\/from-moeen-to-shaukat-now-aurangzeb-another-foreigner-finance-minister-third-experiment-in-three-decades-by-tazeen-akhtar\/","title":{"rendered":"From Moeen to Shaukat &#038; Now Aurangzeb &#8211; Another Foreigner Finance Minister &#8211; Third Experiment in Three Decades &#8211; by Tazeen Akhtar"},"content":{"rendered":"<h5><em><strong><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-27372\" src=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2024\/03\/Finance_Minister_Pakistan.jpg\" alt=\"\" width=\"500\" height=\"323\" srcset=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2024\/03\/Finance_Minister_Pakistan.jpg 500w, https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2024\/03\/Finance_Minister_Pakistan-300x194.jpg 300w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/>Tazeen Akhtar<\/strong><\/em><\/h5>\n<h5><em><strong><img decoding=\"async\" loading=\"lazy\" class=\"alignleft wp-image-27140 size-full\" src=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2024\/03\/Tazeen_Akhtar-e1709469425322.jpg\" alt=\"\" width=\"100\" height=\"100\" \/>This is the state of the state that we are again conducting the same test\u00a0 that proved fruitless in last 3 decades. We import Prime Ministers and Finance Ministers from world famous and successful financial organizations expressing ourselves total bankrupt in terms of human resources. A country of 240 million people can not provide a good finance minister. We take extra ordinary measure putting aside all rules and regulations whatsoever only to fit a foreigner only to fix our financial fractures but forget that how a person can take burden to pull a country from the crisis when the person himself has left your citizenship and disowned you already.<\/strong><\/em><\/h5>\n<h5>Mohammad Aurangzeb is the foreigner who has been selected to run the financial system of this country for next 5 years. He was the citizen of Netherlands when his oath was being administered by the President of Pakistan in the presence of Prime Minister of Pakistan. His application to get Pakistani citizenship back again was approved only after the oath in the first session of new cabinet.<\/h5>\n<h5>Now this is the only example in this country , may be in the whole world, that a person is not the citizen of the country but he is minister of the country and his citizenship is approved in the cabinet in his own presence as minister.<\/h5>\n<h5>How important and high profile the person is, we can imagine only. God knows who suggested his name but one thing is crystal clear that his nomination has come from some\u00a0 VVIP (very very intelligent and powerful ).<\/h5>\n<h5><em><strong>Moeen Qureshy -Who did not know where the graves of his parents are<\/strong><\/em><\/h5>\n<h5>Pakistan imported Prime Minister from World Bank in 1993. Mr. Moeen Qureshy, the citizen of USA with no connection to Pakistan in whole life. His Pakistani ID card was presented to him when he landed at Lahore airport. More interesting is the story of his visit to his parents&#8217; graves. Sheikh Rasheed sheds light on the mimicry made by the then government. He narrates that &#8221; Everyone was confused for what to do now? Prime Minister wanted to visit the graves but no one had any clue where are the graves.&#8221;<\/h5>\n<h5>Sheikh in a video shares in a lighter mood, &#8221; Two ordinary graves were selected in the graveyard only to satisfy the Prime Minister. He was taken there and he offered fatiha there as if the same graves are the real.&#8221;<\/h5>\n<h5>Finally Moeen Qureshy spent few months as caretaker , fixed finances for the payment to international monitory organizations and flew back to USA for good. No one knows what happened to him after that neither he ever showed up in or about Pakistan. The country&#8217;s financial crisis remained the same.<\/h5>\n<blockquote class=\"wp-embedded-content\" data-secret=\"EZjlfPapi3\"><p><a href=\"https:\/\/pakistanintheworld.pk\/live\/pti-blaming-ppp-playing-pmln-lamenting-what-good-can-be-expected-from-all-the-mess-from-all-sides-by-tazeen-akhtar\/\">PTI Blaming, PPP Playing, PMLN Lamenting &#8211; What Good can be Expected from All the Mess from All Sides by &#8211; Tazeen Akhtar<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;PTI Blaming, PPP Playing, PMLN Lamenting &#8211; What Good can be Expected from All the Mess from All Sides by &#8211; Tazeen Akhtar&#8221; &#8212; Pakistan In the World\" src=\"https:\/\/pakistanintheworld.pk\/live\/pti-blaming-ppp-playing-pmln-lamenting-what-good-can-be-expected-from-all-the-mess-from-all-sides-by-tazeen-akhtar\/embed\/#?secret=75tPLVOM10#?secret=EZjlfPapi3\" data-secret=\"EZjlfPapi3\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h5><em><strong>Shaukat Aziz , the Macro Economic &amp; Micro Economic \/ Trickle Down Fame<\/strong><\/em><\/h5>\n<h5>Shaukat Aziz was selection of General Pervez Musharraf. He was finance minister in the cabinet of PM Zafar ullah Jamali. Later Musharraf decide to replace Jamali with Shaukat Aziz. That was possible only when Shaukat be the member of National Assembly. Major R Tahir Sadiq of PMLQ vacated the seat in Attock to get Shaukat elected as MNA.<\/h5>\n<h5>Shaukat had nothing to do with Attock or any constituency in Pakistan. In the meanwhile , for by election process, Ch Shujaat took the opportunity of enjoying the Premiership. Shaukat lived in Pakistan until he was Prime Minister. Later he flew back to USA and after that no one has ever heard anything from him nor about him in Pakistan. The country&#8217;s financial crisis remained the same.<\/h5>\n<h5><em><strong>Mohammad Aurangzeb &#8211; Developing Story &#8211; A foreigner himself Approves his Pakistani Citizenship<\/strong><\/em><\/h5>\n<h5>Now it is third such experiment in shape of Mohammad Aurangzeb. Yes ! we have improved with the passage time. We have done more extra ordinary and out of the way things this time that we have discussed above. One thing is oath as foreigner and approval of citizenship while present himself in the decision makers. But the story does not come to end here.<\/h5>\n<h5>Mohammad Aurangzeb is the only minister among 19 whose portfolio has been notified soon after the cabinet approved his Pakistani citizenship. He soon after the notification went to the ministry of finance and assumed charge. Secretary Finance and other high level officials welcomed him and had a session with him. His official picture as minister has been released the next moment.<\/h5>\n<h5>Mohammad Aurangzeb was President of a Pakistani Bank. He took over\u00a0 Habib Bank, the largest commercial bank in the country, in April 2018. He was Chairman of Pakistan Bank&#8217;s Association as well.He was director of Pakistan Business Council and he was the citizen of Netherlands. He served on these positions while he was not Pakistani citizen.<\/h5>\n<h5>Aurangzeb was the CEO of JP Morgan\u2019s Global Corporate Bank based in Asia, with a rich international banking experience of over 30 years in other senior management roles at ABN AMRO and RBS based in Amsterdam and Singapore. He is the only Pakistani to be invited to the exclusive membership of the Global CEO Council organized by WSJ \/ DowJones group.He received his BS and MBA degrees from The Wharton School (University of Pennsylvania).<\/h5>\n<h5>This is certainly wonderful career and he is no doubt highly qualified professional but it does not mean Pakistan does not have any other person , the citizen of Pakistan for the slot.Moreover what affiliation with Pakistan a person can have who has left the country to be the citizen of another country. Leaving citizenship means , your family, your property, your interests are not in this country. Now lets see what different can Aurangzeb bring than Moeen Qureshy and Shaukat Aziz.<\/h5>\n<h5><em><strong>Ishaq Dar &#8211; the Dollar Fame &#8211; When I fly Dollar falls<br \/>\n<\/strong><\/em><\/h5>\n<h5>Ishaq Dar four time minister finance failed for fifth term. The powerful did not allowed him as Finance Minister this time. He can get Foreign Ministry. Now what does it mean? Foreign Ministry is not an important ministry? A Foreigner is going to see the Finance while a Pakistan will see the Foreigners.<\/h5>\n<h5>Ishaq Dar was wanted by the courts in many cases when he was appointed as minister. All the cases pending were set aside abruptly. The sky saw the scene in this state only that a wanted lands in the country as the Finance Minister. He is not bothered to spend few days only and get the bails or clearance from the courts just as an eye wash. Dar boasted to bring dollar and inflation down but failed.<\/h5>\n<h5><em><strong>Difference for Shehbaz than Nawaz &#8211; Questions the Deliverance<\/strong><\/em><\/h5>\n<h5>He is relative to Nawaz Sharif who always took him as finance minister. Now Shehbaz does not have that liberty at finance ministry. The ministry will report and seek orders , directions, or suggestions whatsoever from somewhere else.<\/h5>\n<h5>Shehbaz has worked freely always. As CM Punjab, his\u00a0 fame as good administrator and his name Shehbaz Speed sound great but matter of fact is , it was all because the elder brother was PM. Neither the brother is there to look after nor Ishaq Dar is available at the exchequer. The real qualities of Shehbaz will be determined now.<\/h5>\n<h5><em><strong>Conclusion<\/strong> <\/em><\/h5>\n<h5>In this state of affairs, attaching the allegations of rigging and foul plays in the election, with the increasing demands of the allies , the government of Shehbaz Sharif does not seem equal to the task. The challenges are huge and the government is fragile, half hearted is better to call. The deliverance is not on the cards. Most of the players are looking toward one another. The public and the country is priority of no one. Lets see how long the system runs. Lets see how the managers manage this complicated composition of the new set up. The public is hand to mouth but still optimistic that a day will come when the issues will be addressed keeping them in the focus. The public have no other choice actually because they do not have anything in any other country.<\/h5>\n<blockquote class=\"wp-embedded-content\" data-secret=\"VQEgASOiDL\"><p><a href=\"https:\/\/pakistanintheworld.pk\/live\/finally-sharifs-are-back-to-power-ppp-sharing-the-ride-only-or-responsibility-as-well-by-tazeen-akhtar\/\">Finally Sharifs are Back to Power -PPP Sharing the Ride only or Responsibility as Well? by Tazeen Akhtar<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Finally Sharifs are Back to Power -PPP Sharing the Ride only or Responsibility as Well? by Tazeen Akhtar&#8221; &#8212; Pakistan In the World\" src=\"https:\/\/pakistanintheworld.pk\/live\/finally-sharifs-are-back-to-power-ppp-sharing-the-ride-only-or-responsibility-as-well-by-tazeen-akhtar\/embed\/#?secret=bHhh1bCl3r#?secret=VQEgASOiDL\" data-secret=\"VQEgASOiDL\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<h5><\/h5>\n","protected":false},"excerpt":{"rendered":"<p>Tazeen Akhtar This is the state of the state that we are again conducting the same test\u00a0 that proved fruitless in last 3 decades. We import Prime Ministers and Finance Ministers from world famous and successful financial organizations expressing ourselves total bankrupt in terms of human resources. A country of 240 million people can not [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":27372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[1851,2396,2366,767,685,4864,4862,626,48,4863,3266],"_links":{"self":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/27357"}],"collection":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/comments?post=27357"}],"version-history":[{"count":18,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/27357\/revisions"}],"predecessor-version":[{"id":27376,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/27357\/revisions\/27376"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media\/27372"}],"wp:attachment":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media?parent=27357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/categories?post=27357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/tags?post=27357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}