, 14 tweets, 3 min read Read on Twitter
While the PTI govt's incompetence is without a doubt, this was bound to happen sooner or later since Pakistan can't afford to service the debt it owes, making it imperative that the govt 'refinance.'  This is why Imran emphasized that Pakistan would have to 'tighten its belt.'And
no matter which financial institution you're working with, you best believe a robust austerity policy akin to economic warfare is always going to be on the cards. That means a weaker Rupee, fewer subsidies & possibly unloading several state owned entities. And when you've got the
likes of Ishrat Husain (Adv to ed govt on Austerity & Civil Service Reforms), Reza Baqir (SBP Governor), Hafeez Sheikh (Adv to Fed govt on Finance) & recently Salman Shah (Adv to PJB govt on Finance) manning the ship,you best believe they'll be doing whatever it takes to lighten
the load, as Pakistan begins to traverse into choppier waters. And with the establishment's backing there's no telling where all this is going to stop & what this could mean for the democratic process in Pakistan. SBP Governor Reza Baqir's father Baqir Husain, a lawyer was very
close to Benazir Bhutto. He ran from Lahore in the 1988 GE but lost. BB then appointed Baqir Husain as Ambassador to Switzerland. It is said she even wrote Reza a glowing letter of recommendation to admissions at Harvard. Baqir Husain would part ways with BB & join ex President
Farooq Legharis cabinet as Advisor on Cutlure - where they bonded over their hate for AAZ. AAZ's feelings concerning Baqir are visible when you he talks about Reza.

Hafeez Sheikh on his part has always been an establishment favorite. After his stint as Finance Minister Sindh,
Mush, Kiyani & the estab wanted him to take over both finance & privatisation in the Federal govt but Shaukat Aziz along with the Chaudries & Tariq Aziz managed to constrain him to just privatisation where among other things he managed to see out the part-sale of PTCL to Etisalat
& the controversial attempt to sell the PSM which ended up contributing to Mush's downfall. Sheikh brought in more Foreign Direct Investment via privatisation (strategic, capital & debt markets) into Pakistan than anytime before in the history of the
country which endeared him to the khakis. During Kiyani's tenure he managed to bring Sheikh back into the fold & appointed him Fed Min for Finance in YRG's cabinet. Kiyani as DG ISI helped Sheikh neutralise unions & facilitated him however he could. There's little wonder why
Sheikh would notoriously dodge AAZ's calls. But AAZ would still get to have the last laugh; at the time at least. Sheikh resigned 3 months before the PPP's tenure ended with the promise that AAZ would nominate him as caretaker PM with full support from the military.This of course
never happened, which the PMLN rejected outright, despite khakis being ok with his nomination. With Sheikh out of the loop AAZ brought in current Dpty Chairman Senate Salim Mandviwalla as the finance minister for 3 months. The reason why this is significant is because there are
strong rumors emanating from the establishment & people close to the COAS that should Imran fail to be up to the task & be sent packing, Hafeez Sheikh could make the step up as PM in a technocratic regime with Salman Shah following the same trajectory from finance to Chief
Executive of PJB. Both Hafeez Sheikh and Salman Shah never thought much of the slick smooth talking snake oil salesmane Citi private banker Shaukat Aziz. They begrudged Shortcut Aziz but reluctantly worked under him to keep their bread buttered.The duo combined well as the shadow
team at the time. Seems as though the Blues Brothers are back in town. This time it's they're main attraction, at least to those who matter. End*

P.S. In case you missed it here's an old thread on Asad Umar's removal & the names discussed to replace him.
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