ISLAMABAD: Pakistan's former finance minister and Pakistan Tehreek-e-Insaf (PTI) Senator Shaukat Tarin announced on Friday that he is quitting the party and politics, reported ARY News.
In a statement, Tarin said, "I have decided to quit PTI and politics after consulting with friends and family members."
"The last two years were very difficult for me due to health and financial issues," he added.
"In as finance minister under PPP, I helped save the country from impending default and stabilized the economy. Also concluded a consensus on National Finance Commission award after 19 years," he further said.
He went on to say that as the finance minister during the PTI government, he "clocked the best economic performance in 17 years as stated in the economic survey of Pakistan of ".
Earlier, Tarin served as an advisor to the Prime Minister on Finance and Revenue, according to ARY News, adding that he was appointed as the finance minister in
Moreover, he was elected as a senator last week in the by-election for a general seat in the Senate from Khyber Pakhtunkhwa.
Additionally, Tarin also served as the finance minister in former premier Yousaf Raza Gilani's cabinet from
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Former finance minister Shaukat Tarin quits PTI, politics
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About: Shaukat Tarin
- Shaukat Fayyaz Ahmed Tarin (Urdu: شوکت ترین; born 1 January ) is a Pakistani politician and banker who served as Finance Minister of Pakistan from to in the Gillani cabinet also and worked with the help of the Pakistan People’s Party's cabinet members. On 27 December , he was appointed as the Finance Minister of Pakistan again, replacing the recently appointed Hammad Azhar after a cabinet reshuffle by Prime Minister of Islamic Republic of Pakistan Imran Khan. He is the Member of the Senate of Pakistan since March On 7 October , he was appointed as an adviser to the government and was elevated to the post of finance minister after being elected as a senator from Sindh on 27 July Tarin resigned from the ministry on 23 February to "raise equity from the market for Silkbank," which while working at finance ministry was "a clear conflict of interest." Before his ministerial role, Tarin served as the country manager of Citibank and did tenures as head of Habib Bank, Union Bank, and twice as chairman of Karachi Stock Exchange. He currently sits on the board of Silkbank. On 17 October , he was appointed as Adviso
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