Pakistan's New Finance Minister Takes on Economic Crisis

Muhammad Aurangzeb leaves banking career to address high inflation and negotiate critical IMF deal.

Muhammad Aurangzeb, Pakistan's new finance minister, has left behind a lucrative banking career to tackle the country's economic challenges.
Aurangzeb, a former member of the prime minister's economic advisory council, faces a daunting task with Pakistan experiencing high inflation, low growth, and poor tax collection.
He aims to negotiate a critical IMF deal by June, focusing on broadening the tax base and improving debt sustainability.
Despite his lack of political affiliation, Aurangzeb's commitment to national service involves making tough decisions to revive the economy.
His appointment marks a fresh approach in a ministry that has seen frequent changes, emphasizing the need for economic reform over political maneuvering.