Caretaker Prime Minister Anwaarul Haq Kakar recently carried out a significant reshuffling of the federal cabinet, leading to several key changes in the government's structure. Among the notable appointments was Fawad Hasan Fawad, who was previously serving as a special assistant to the Prime Minister. Fawad Hasan Fawad has been appointed as the new Minister of Privatization, a pivotal role in the government's economic policy. This development marks a noteworthy transition in the administration.
The oath-taking ceremony for Fawad Hasan Fawad in his new capacity took place on Friday, an event that gathered considerable attention from the media and the public alike. Additionally, it has been revealed that Fawad will assume the role of the head of the Cabinet's Inter-Governmental Commercial Transactions Committee, a position formerly held by Finance Minister Dr. Shamshad Akhtar.
Dr. Shamshad Akhtar, a former governor of the State Bank of Pakistan, will continue her service as the Finance Minister in the federal government, ensuring continuity in this crucial portfolio.
This reshuffling of the federal cabinet has led to an expansion in its size, now comprising 26 members in total. Among these, there are 18 federal ministers, 3 advisers, and 5 special assistants, each with their respective roles and responsibilities.
This change in the cabinet's composition reflects the evolving priorities and strategies of the government under the leadership of Caretaker PM Kakar.
One noteworthy directive from Caretaker PM Kakar was given during a special meeting. He urged Fawad Hasan Fawad to expedite the privatization process of the Pakistan International Airline (PIA), emphasizing the government's commitment to advancing economic reforms and efficiency in state-owned enterprises. This move underscores the significance of Fawad's appointment as the Minister of Privatization and sets the tone for his tenure in this crucial role