Prime Minister Yousaf Raza Gilani on Tuesday accepted the resignation of Finance Minister Shaukat Tarin which he tendered on personal grounds.
According to a press release issued from the Prime Minister House, Gilani formally accepted the resignation of Shaukat Tarin, after holding a meeting with him.Tarin, however, would continue to work as Minister for Finance, Revenue, Planning and Economic Affairs till February 28.The Prime Minister appreciated the contribution of Shaukat Tarin in turning around the sliding national economy. Gilani hoped that Tarin would continue to extend his valuable advice to the government as and when needed.
Shaukat Tarin in his resignation mentioned that he was resigning so as to focus on his family business and he could not do so precisely since it would be clear conflict of interests while serving as Minister for Finance, Planning, Revenue and Economic Affairs. He, however, assured to extend his services and advice to the government when felt necessary.
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The Prime Minister said in order to ensure continuity of policies, the government would like to acquire the services of Shaukat Tarin in the National Economic Advisory Council.
Tarin said that he quit owing to personal reasons. He said both the President and PM were unhappy over his decision; however, he added that good governance called for distinction between personal business and post. He dispelled the notion that government pressurized him to quit. However, he hinted at his differences with the government over the Rental Power Plants and some other issues, adding that the PM took his stance on certain issues positively.
Replying to a question, Tarin said that his banking business was affecting due to his post rendering him a loss of billions of rupees.

Dunya New