KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
Dr. Abdul Hafeez Shaikh sworn in as Federal Minister
ISLAMABAD: Dr. Abdul Hafeez Shaikh was sworn in as Federal Minister on Friday.
President Dr. Arif Alvi administered the oath to Dr. Abdul Hafeez Shaikh at a ceremony at Aiwan-e-Sadr.
Previously Dr. Hafeez held the post of an advisor to the prime minister on finance. The move comes in light of the Islamabad High Court (IHC) decision on inclusion of advisors and special assistants in cabinet committees.
The prime minister is empowered to appoint an unelected individual as a minister for six months under Article 91(9) of the Constitution.
However, the Constitution states that at the end of six months, that individual will "cease to be a minister and shall not before the dissolution of that Assembly be again appointed a minister unless he is elected a member of that Assembly".
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