Prime Minister Imran Khan has decided to remove Abdul Hafeez Shaikh from the post of finance minister, Federal Information Minister Senator Shibli Faraz confirmed on Monday while speaking to private news channel.

He said that Revenue Minister Hammad Azhar will be given an additional charge of finance ministry.

Senator Shibli said the decision has been taken as PM Imran was not satisfied with the performance of Shaikh.

According to the information minister, the prime minister has formed a new economic team to provide relief to the masses. “PM Imran wants to bring down inflation in the country.”

Last week, Prime Minister Imran Khan had asked his special assistant on petroleum Nadeem Babar and the secretary petroleum to step down in order to ensure transparency in the fuel crisis probe.

Sources privy to the development told The Express Tribune that the premier was expected to make further changes in the federal cabinet as he was reportedly not happy with the performance of some key ministers’ performance.

“Prime Minister will announce the changes made in the federal cabinet by next Monday,” Senator Shibli Faraz had told The Express Tribune on March 26.

The senator had also said that discussions were still underway as to whose portfolio should be replaced with whom and why. “Performance is the parameter,” he said, adding that potential was the other factor.

More to come…