ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif announced the key members of his cabinet, tasking them with leading the country out of a crippling economic crisis fuelled by debt, spiralling inflation and a feeble rupee.
Pakistan's 19 new ministers took their oath of office Monday, after an election marred by allegations of vote rigging.
Finance Minister Muhammad Aurangzeb -- chief of a leading Pakistan bank, with a background in international finance -- was one of the only technocrats to be appointed among a group of Sharif loyalists.
Second-time-PM Sharif heads an alliance backed by his Pakistan Muslim League-Nawaz party's long-term rivals, the Pakistan Peoples Party (PPP).
Sharif told his cabinet on Monday they would need to perform "deep surgery" on the nation's finances, adding that: "The foremost challenge our nation confronts is inflation."
PPP refused to assume any ministerial positions, instead taking only the president's role for party leader Asif Ali Zardari.
The two family dynasties combined to keep lawmakers loyal to jailed ex-prime minister Imran Khan from power after they won the most seats in the February general election.
The Sharif family have ruled Pakistan for lengthy stints, with Shehbaz's eldest brother Nawaz Sharif also serving as prime minister on three separate occasions.
PM Sharif is expected to make further appointments in the coming months.
Seventy-three-year-old Ishaq Dar, finance minister under the last Sharif government and who publicly rebuffed the IMF, was given the foreign ministry.
"It seems it is all grey-haired men who have been brought back," Gallup Pakistan analyst Bilal Gilani said.
"It's a disappointment that the government, which is facing huge opposition from a party that talks about young people and change has -- even to the extent of cabinet composition -- not bothered to bring in any new faces, let alone new ideas."
Inflation is soaring at 23 percent, with water, electricity and gas price increases at 36 percent, as the predominantly Muslim country marked the start of Ramadhan on Tuesday.
"We have to save until the last moment to shop for Ramadan, and could hardly buy anything," said Zainab Bibi, a domestic worker in Karachi. "Let's pray that this Ramadhan passes with ease for us." The new interior minister, Syed Mohsin Raza Naqvi, was previously Punjab chief minister, and oversaw a major crackdown against Khan's party. — AFP
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