PML-N leader Miftah Ismail formally resigned from the post of finance minister on Tuesday, paving the way for party stalwart Ishaq Dar to take over.
In his resignation letter dated Sept 27, Mifah wrote, “I wish to resign from the position of minister of finance and revenue with immediate effect. “I am grateful for the opportunity to serve my country in your [Prime Minister Shehbaz Sharif’s] administration, which was an honour and a privilege.”
Ismail’s departure comes after months of speculation that PML-N supremo Nawaz Sharif and Dar had been unhappy with some of his key decisions, specifically with regard to the fuel price hike.