PPP opposes Dr Reza Baqir’s appointment as SBP governor

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Pakistan People’s Party (PPP) has decided to oppose the appointment of Dr Reza Baqir as governor of the State Bank of Pakistan inside and outside parliament.

PPP Chairman Bilawal Bhutto-Zardari said that the sudden appointments of finance minister, Federal Board of Revenue chairman and SBP governor is a grave issue which reflects that the government lacks leadership skills.

Bilawal said that former president General (r) Pervez Musharraf left no reserves for his party’s government but unlike this government, jobs were given and pro-people initiatives were taken by the PPP government.

“The incumbent government is agreeing to every IMF demand. We will raise voice against it inside and outside the house,” he said in a statement.

Meanwhile, former president Asif Ali Zardari in a brief chat with journalists said that with the recent appointments it appears that the IMF will open its headquarters in Pakistan.

“We are compromising our financial independence. Now the IMF will decide the appointment of finance minister, FBR chairman and SBP governor,” he said.

Zardari said that with IMF representatives in the SBP how will we run the country.