ISLAMABAD: The Institutional Reforms Cell of the Cabinet Division has clarified that Adviser to Prime Minister on Institutional Reforms and Austerity Dr Ishrat Husain is not drawing salary from World Bank, rather he is drawing his pension, which is declared in his tax returns and asset declaration statement.
According to a clarification statement issued on Monday, the PM’s aide “erroneously mentioned during a live press conference in Press Information Department (PID) on November 20, 2020, that he was drawing salary from World Bank, though he wanted to say ‘pension’”.
The statement further said that Dr Husain retired from WB in 1999 after serving there for 20 years. As per policy of WB for the retired employees, he is drawing pensionary benefits.
However, Dr Husain is not drawing any pensionary benefits from his services rendered as the governor of the State Bank of Pakistan (SBP) and as director of IBA Karachi, it concluded.