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Pakistan election-winner Nawaz Sharif has picked a veteran finance minister to serve in his cabinet as Karachi stocks hit an all-time high Monday over hopes his pro-business agenda can revive the economy.
Dar had “all the facts and figures at his fingertips” and will in June present the budget for the next financial year starting on July 1, Farooq said.
Investors are hopeful of an economic revival under Sharif, whose privatisation policies earned him a good reputation among traders and industrialists during his two previous tenures in the 1990s.
"We have credibility on the economic front, the unprecedented surge in the stock market today is proof," the PML-N spokesman said.
Ishaq Dar to become finance minister: PML-N spokesperson