{"id":66122,"date":"2024-03-01T07:53:05","date_gmt":"2024-03-01T07:53:05","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/fm-101-pakistans-next-finance-minister-needs-a-vision-not-just-experience\/"},"modified":"2024-03-01T07:53:05","modified_gmt":"2024-03-01T07:53:05","slug":"fm-101-pakistans-next-finance-minister-needs-a-vision-not-just-experience","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/fm-101-pakistans-next-finance-minister-needs-a-vision-not-just-experience\/","title":{"rendered":"FM 101: Pakistan\u2019s next finance minister needs a vision, not just experience"},"content":{"rendered":"
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Will the next finance minister dare to innovate and redefine Pakistan’s economic strategy or are they going to find themselves stuck in the same old loop?<\/p>\n
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My grandfather used to have a yellowed old sign hanging above his office desk that read:<\/p>\n
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Weak minds talk about people;<\/p>\n<\/blockquote>\n
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Average minds talk about events;<\/p>\n<\/blockquote>\n
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Great minds talk about ideas \u2026<\/p>\n<\/blockquote>\n
As Islamabad buzzes again with the talk of who the next finance minister will be, my thoughts keep returning to that sign. Rumour has it that Ishaq Dar is the front runner, that Dr Shamshad Akhtar remains in the running, and that various bankers and second-string politicians are dark horses.<\/p>\n
A candidate\u2019s closeness to a party leader gets talked up. Another is said to have the trust of Q block. A third is apparently close to the so-called establishment. Bankers\u2019 credentials and job titles are exaggerated.<\/p>\n
At best, three questions are posed: Will the candidate be able to work with the International Monetary Fund (IMF)? Will they be deemed acceptable by foreign powers? And will they acknowledge the future role of the military-dominated Special Investment Facilitation Council (SIFC)<\/a>?<\/p>\n