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Institutional restructuring: Govt adopts Ishrat’s reform blueprint

Pakistan Published 4 November 2026, 06:37 · archived 4 Nov 2026

ISLAMABAD: The government has adopted former State Bank of Pakistan (SBP) governor Dr Ishrat Hussain’s institutional reform blueprint as the foundation of its restructuring agenda, while acknowledging that implementation of the proposed changes across federal ministries and departments will take place in phases. Finance Minister Muhammad Aurangzeb disclosed this on Tuesday while addressing a Sustainable Development Policy Institute (SDPI) ceremony where Dr Ishrat was presented with a Lifetime Achievement Award, saying the government was building on his recommendations rather than discarding pr...

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