The government moved to remove the State Bank governor and the Federal Board of Revenue (FBR) chairman in a rapid series of developments in Islamabad on Friday.
SBP Governor Tariq Bajwa confirmed that he was asked to resign while he was in Islamabad for talks with the International Monetary Fund (IMF) that are supposedly ‘progressing’ according to prime minister’s adviser on finance Hafeez Shaikh who has recently replaced finance minister Asad Umar.
The developments came on a day when Prime Minister Imran Khan hinted at further changes to his cabinet in the days ahead.