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Finance Minister Asad Umar Wednesday refuted rumors of his resignation, saying that Prime Minister Imran Khan has also termed reports related to his resignation as 'baseless and false'. He said this in an exclusive interview with Aaj News. Umar said negotiations with the International Monitory Fund (IMF) continue and only a favorable bailout package would be accepted. He also rejected media reports of his strained relationship with senior party leader Jahangir Tareen.
Answering a question about Pakistan's name on Financial Action Task Force (FATF) Grey List, he expressed his hope that the task force would be satisfied till January. The finance minister also said that PM Khan would review the performance of cabinet ministers before he decides to make any changes in the cabinet.
He said that all the postings in financial institutions were made on merit and that it would be better if State Bank works autonomously.

Copyright Business Recorder, 2018

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