ISLAMABAD: A notification was issued on Friday which suggested that Prime Minister Shahid Khaqan Abbasi will replace Finance Minister Ishaq Dar as the chairman of Economic Coordination Committee (ECC) of the Cabinet.
According to sources, the committee comprises of ministers of petroleum, information, commerce, communications, industries and production, law, planning, railways, food and power, and water.
It is crucial to note that the water and power ministry was amended by the new PM when his cabinet was formed, creating a ministry of energy that will include earlier portfolios of water and power as well as petroleum and natural resources.
Abbasi held the portfolio of petroleum and natural resources ministry in the previous cabinet of Nawaz Sharif and he will also head the new power ministry.
Dar, the finance minister in the previous cabinet as well, is a close confidant and relative of Nawaz. He, too, will be facing corruption cases in an accountability court as per the Supreme Court’s April 28 judgment in the Panama Papers case.
