Ehsan-ul-Haq Piracha (1932 – 2019) was a Pakistani politician.

Early life

He was from the town of

Bhera Bhera (; ) is a city and a tehsil of Sargodha District, Punjab province of Pakistan. The city is known for wood-carved items, textiles (such as quilts and khussas), and certain desserts (such as pheonian and pateesa). The city is made up ...

Sargodha District Sargodha District (Punjabi language, Punjabi and ), is a district of Punjab, Pakistan, Punjab, Pakistan. The capital of the district is Sargodha. It is an agricultural district with wheat, rice, sugarcane and kinnow being its main crops. The Sa ...

Punjab Punjab (; ; also romanised as Panjāb or Panj-Āb) is a geopolitical, cultural, and historical region in South Asia. It is located in the northwestern part of the Indian subcontinent, comprising areas of modern-day eastern Pakistan and no ...

Pakistan Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the List of countries and dependencies by population, fifth-most populous country, with a population of over 241.5 million, having the Islam by country# ...

Career

He was elected as a member of the Punjab Assembly in 1970 and 1977, serving as the minister for communication and works in the provincial cabinet until the imposition of martial law in July 1977. Piracha also served as the president of the Rawalpindi-Islamabad Chamber of Commerce and Industries. In 1985, he was elected as a senator against a technocrat seat, a position he held until 1988. Subsequently, Piracha was elected to the National Assembly in 1988 and 1990. From 4 December 1988 to 6 December 1990, Piracha served as the state minister for finance in the cabinet of Prime Minister

Benazir Bhutto Benazir Bhutto (21 June 1953 – 27 December 2007) was a Pakistani politician who served as the 11th prime minister of Pakistan from 1988 to 1990, and again from 1993 to 1996. She was also the first woman elected to head a democratic governmen ...

. In this role, he was responsible for overseeing the country's economic policies during his tenure. In 1989, a Pakistani high court judge investigated the authorization of a new

stock exchange A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for ...

, Islamabad Stock Exchange. The judge's findings revealed that the Piracha had helped approve the deal, which exclusively favored a company with which he had previously served as a director. Additionally, a member of the minister's family held a directorship at the same company at the time of the deal's approval. The judge presiding over the case issued a strongly worded opinion, alleging that the finance minister had engaged in improper dealings related to the authorization of the new stock exchange. Prior to the 2013 general elections, Piracha and his family joined the Pakistan Tehreek-i-Insaf (PTI) political party.

Death

Ehsan ul-Haq Piracha died in

Islamabad Islamabad (; , ; ) is the capital city of Pakistan. It is the country's tenth-most populous city with a population of over 1.1 million and is federally administered by the Pakistani government as part of the Islamabad Capital Territory. Bu ...

on 1 February 2019.Former Finance Minister Ehsan-ul-Haq Piracha Passes Away

UrduPoint UrduPoint is an Urdu-language web portal in Pakistan, launched on 14 August 2000. As of April 2016, it ranked as the 6th most visited website in Pakistan and held a global rank of 1045 (). UrduPoint has partnered with digital media company Zi ...

References

{{DEFAULTSORT:Piracha, Ehsan-Ul-Haq 1932 births 2019 deaths Punjab MPAs 1972–1977 Punjab MPAs 1977 Pakistani MNAs 1988–1990 Members of the Senate of Pakistan Pakistan People's Party politicians Provincial ministers of Punjab Ministers of finance of Pakistan Government College University, Lahore alumni