Finance czar Shaukat Tarin quits PTI

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Finance czar Shaukat Tarin quits PTI On Friday, Shaukat Tarin announced his resignation from the Pakistan Tehreek-e-Insaf (PTI), as well as his departure from politics. 

A spokesperson for the former finance czar confirmed to Geo News that he is also resigning from his position as a senator as well. Amid legal and political hurdles, Tarin’s resignation comes as a fresh blow to the Imran Khan-led party, which is already suffering from deterioration as a result of Tarin’s resignation.

He is the last cabinet minister to dissociate himself from the former ruling party, joining a long list of other leaders, such as Asad Umar, Usman Dar, Fawad Chaudhry, Shireen Mazari, and Pervez Khattak.

Khan has been in a tussle with several other members of the PTI leadership following the events of May 9 – the day in which the party workers ransacked the state installations after Khan was arrested.

There was also a ban on those involved in the events. This led to the arrest of hundreds of party workers and leaders, including Vice Chairman Shah Mahmood Qureshi.

The first time Tarin was appointed as the finance minister was in April 2021, but he was only able to hold office for a maximum of six months because he was not a lawmaker at the time. Despite this, Imran did not let him go and appointed him as his chief adviser on finance. He was sworn in as a senator in December of the same year, after winning the by-election for a general seat in the upper house of parliament in the same year.

In April 2022, he was sworn in for a second time to the post of federal finance minister and served in the position for only four months, following a vote of no-confidence against Imran Khan, which resulted in the PTI government being driven out of parliament by a vote of no-confidence in his government.

During the Pakistan People’s Party government, Tarin also served as the federal finance minister from October 2008 to February 2010.

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