Miftah Ismail takes oath as Pakistan’s new Finance Minister

Miftah Ismail. (Photo courtesy: social media)
Updated 27 April 2018
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Miftah Ismail takes oath as Pakistan’s new Finance Minister

  • Adviser to the Prime Minister on Finance, Miftah Ismail, has now taken charge as the country’s Finance Minister hours before the government announces fiscal budget on Friday.

ISLAMABAD: Miftah Ismail took oath as Pakistan’s new federal minister for finance, on Friday, just hours before being due to announce the country’s fiscal budget for 2018-2019.

The oath ceremony was held at President House, where President Mamnoon Hussain administered the oath.
Members of the federal cabinet, politicians and senior government official attended the ceremony.
Before taking up his new post, Ismail was an adviser to the Prime Minister on Finance, Revenue and Economic Affairs.
A member of the ruling Pakistan Muslim League (PML-N), he has served as head of Punjab Board of Investment and Trade, Chairman of Federal Board of Investment, and briefly as Chairman of the Privatization Commission.
He was director of Pakistan International Airlines (PIA) and chairman of Sui Southern Gas Company Limited (SSGL).
Ismail has also worked as an economist at the IMF in Washington. He graduated with a Bachelor of Science degree in economics and mathematics from Duquesne University, Pittsburgh, in the United States. He has a master’s as well as a doctorate in public finance and political economy from the Wharton School, University of Pennsylvania.


Five cops killed as gunmen ambush police van in northwestern Pakistan

Updated 23 December 2025
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Five cops killed as gunmen ambush police van in northwestern Pakistan

  • Over a dozen “well-armed terrorists” ambushed police van in northwestern Karak district, say police
  • Pakistan’s northwestern KP province has witnessed a surge in militant attacks in recent months

PESHAWAR: Five cops were killed when a group of “terrorists” ambushed a police van in Pakistan’s northwestern Karak district on Tuesday, a police official confirmed. 

Karak police spokesperson Shaukat Khan said a heavy police reinforcement has been dispatched to the site of the attack in the district’s Gurguri area to collect evidence. 

“Over a dozen well-armed terrorists ambushed a police mobile van in the jurisdiction of Gurguri police station, an inaccessible area of the district, leaving five policemen martyred,” Khan told Arab News. 

No group has claimed responsibility for the attack. However, similar attacks on police and security forces have been claimed in the past by the Tehreek-e-Taliban Pakistan (TTP) or the Pakistani Taliban. 

Khan identified the slain police officers as Shahid Iqbal, Arif, Sami Ullah, Safdar and the driver named Muhammad Ibrar.

“Evidence has been collected from the crime scene and a comprehensive search operation is now underway to apprehend the perpetrators,” Khan said. 

The Gurguri region is home to a large gas field, where exploration activities take place regularly. This often necessitates heightened security measures by law enforcement personnel.

Pakistan has witnessed a surge in militant activities, particularly in northwestern Khyber Pakhtunkhwa (KP) province bordering Afghanistan, in recent months. 

Earlier this month, one police constable was killed while five others were injured in a suicide blast that targeted a police vehicle in the Lakki Marwat district. 

Similarly, three police personnel were killed in November when militants attacked a checkpost in Hangu city. 

Pakistan has blamed Afghanistan for facilitating cross-border attacks against its security forces and turning a blind eye to the TTP’s activities on its soil. 

Afghanistan rejects the allegations and says it cannot be held responsible for Islamabad’s security lapses.