Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 5 minutes ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
Premier appoints son-in-law to key WB post
By Tariq Butt December 16, 2012
 Print    Send to Friend

ISLAMABAD: Prime Minister Raja Pervez Ashraf has designated his son-in-law Raja Azeemul Haq as Executive Director of the World Bank (WB), who will replace Javed Talat, said news reports.

Ashraf’s Press Secretary Shafqat Jalil said the prime minister has approved the summary for Haq’s appointment, reports appearing in different Pakistani newspapers said.

Jalil was quoted as saying that the nomination has been done on merit.

The post is highly lucrative, offering $220,000 per annum salary along with other perks and privileges.

However, Finance Ministry officials said the appointment might create an embarrassing situation for Pakistan because the executive director represents several countries such as Iran, Algeria, Afghanistan and others which might raise an objection when Pakistan’s nominee.

The summary for the approval of the premier was moved by Economic Affairs Division (EAD) to Finance Minister Dr Abdul Hafeez Shaikh a couple of months back.

The finance ministry made all out efforts to block the move but its efforts failed, officials said.

They termed the move wrong. They said everybody should be given equal opportunity and appointments should be made in accordance with the system.

However, an official close to Haq said that he is a very competent person and possesses education and experience required for the post. He said because of his competence, he got his earlier appointments.

Until a few years back Haq was serving in grade 18 in the Income Tax Group but was first hired by Employees Old-age Benefit Institution in grade 20. Soon after Ashraf’s elevation as premier, Haq too was elevated in the prime minister’s office to a grade 21 post. The post of executive director is considered crucial as its occupant represents seven countries in the World Bank’s executive board where multibillion dollar projects are approved annually. Pakistan’s nominee represents Afghanistan, Iran, Algeria, Morocco, Ghana, Tunisia and Pakistan.

Some government officials had been critical of Haq’s nomination because of his ‘quick promotions’ within a few years from grade 18 to 21.

Normally, only senior officials are sent on such lucrative assignments after considerable exposure to domestic, regional and global economic issues.
 

Add this page to your favorite Social Bookmarking websites
Comments
 
Post a comment
 
Name:
Country:
City:
Email:
Comment:
 
    
    
Related Stories
Resignations fail to create impact, PTI worried
ISLAMABAD: The approach of the Pakistan Tehreek-e-Insaf (PTI) has shown that it does not want the resignations of its lawmakers accepted and it attempted to use the move ..
People against system, want rebuilding: Survey
ISLAMABAD: As people fight over political ideologies, the Gallup Survey of public opinion towards corruption shows that people are overall disappointed with the system an..
Sharif party threatens ‘go Imran go’ campaign
PESHAWAR: Pakistan Muslim League-Nawaz (PML-N) leaders on Saturday strongly criticised Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan for allegedly hatching a conspir..
PTI, PAT suspend talks as workers arrested
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) on Saturday suspended talks with the government until their arrested workers are released. ..
MQM chief defers decision on MPs’ resignation
ISLAMABAD: The Muttahida Qaumi Movement (MQM) has postponed its decision on going ahead with resignations of its lawmakers from the federal and provincial assemblies. ..
 
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright