ISLAMABAD
The finance ministry on Monday issued a clarification regarding a resolution tabled in the Senate – to disqualify Tariq Bajwa from the governorship of the State Bank of Pakistan- saying that his appointment is in no way a violation of the SBP Act 1956.
A statement issued by the finance ministry said – with reference to the resolution reportedly tabled in the Senate of Pakistan, regarding the appointment of Tariq Bajwa – that it is clarified that his appointment is in no way in violation of the SBP Act 1956.
Tariq Bajwa reached his superannuation and retired from civil service on 18 June 2017. He was appointed as governor SBP by the president of Pakistan and he took charge of his office on 7 July 2017.
It would be pertinent to mention here that in addition to economists, bankers, chartered accountants, and several civil servants, after retirement from service have also been appointed as governor SBP in the past.
