Pakistan set to pick bureaucrat as next governor


Pakistan's Prime Minister Yusuf Raza Gilani has reportedly selected Shahid Kardar, a former finance minister of Pakistan's Punjab region, as the next governor of the State Bank of Pakistan, breaking the tradition of recruiting a banker to head the central bank.

On Tuesday, the Financial Times, a newspaper, quoted a senior finance ministry official as saying: "Prime Minister Yusuf Raza Gilani has cleared the name of Kardar to be appointed as Pakistan's new central bank governor. We will notify hi

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