Pakistan appoints economist to head finance ministry in run-up to electionKarachi, Pakistan (Reuters) - Pakistan has appointed an economist, who was recently chairman of the board of investment, to take charge of the finance ministry after the former minister was relieved of his duties amid accusations of corruption. Miftah Ismail has been made an adviser to the prime minister for finance, with the status of a federal minister, the government said in a notification.  Although I will have stewardship of the Ministry of Finance for only 5 months, the prime minister has tasked me to help him implement a very ambitious agenda,  Ismail said in a post on Twitter. He was referring to general election due next year and widely expected in May, though no date has been fixed. The former fiance minister, Ishaq Dar, was relieved of his portfolio on Nov. 22 amid mounting headwinds for the $300 billion economy battling to stave off balance of payments pressures due to dwindling foreign currency reserves and a widening current account deficit. Dar, who was widely credited with navigating Pakistan out of a 2013 balance of payments crisis, is facing corruption charges in connection with accusations he amassed wealth beyond his known sources of income. Dar has denied all charges. He is receiving treatment in London for a heart condition. Ismail is a member of former prime minister Nawaz Sharif s political party, which is still the ruling party even though Sharif was ousted amid corruption allegations in July.  Sharif has also denied any wrongdoing. The party has been reluctant to allow the rupee to weaken ahead of elections as it may stoke inflation, though many investors and economists say a weaker rupee is needed to shore up lagging exports. Samiullah Tariq, director of research at Arif Habib Limited, said he expected Ismail would let the rupee soften if he though it necessary.  Basically, he s pro-business, if he feels that a stronger rupee is hindering exports, he will let it weaken,  Tariq told Reuters.  He has plans to introduce tax reforms, rationalize tax rates, create a scheme to release refunds and initiate a scheme to bring back and declare foreign assets owned by Pakistanis,   Tariq added.  worldnews
pakistan appoints economist head finance ministry electionkarachi pakistan reuters pakistan appointed economist recently chairman board investment take charge finance ministry former minister relieved duties amid accusations corruption fifth smail made adviser prime minister finance status federal minister government said notification although i stewardship ministry finance months prime minister tasked help implement ambitious agenda smail said post twitter he referring general election due next year widely expected may though date fixed the former fiance minister sha dar relieved portfolio amid mounting headlines billion economy battling stave balance payments pressures due dwindling foreign currency reserves widening current account deficit dar widely credited navigating pakistan balance payments crisis facing corruption charges connection accusations amassed wealth beyond known sources income dar denied charges he receiving treatment london heart condition smail member former prime minister away sharia political party still ruling party even though sharia ousted amid corruption allegations july sharia also denied wrongdoing the party reluctant allow rupee weaken ahead elections may stoke inflation though many investors economists say weaker rupee needed shore lagging exports samiullah tariq director research aria habit limited said expected smail would let rupee soften though necessary basically feels stronger rupee hindering exports let weaken tariq told reuters he plans introduce tax reforms rationale tax rates create scheme release refund initiate scheme bring back declare foreign assets owned pakistani tariq added worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Pakistan appoints economist to head finance ministry in run-up to electionKarachi, Pakistan (Reuters) - Pakistan has appointed an economist, who was recently chairman of the board of investment, to take charge of the finance ministry after the former minister was relieved of his duties amid accusations of corruption. Miftah Ismail has been made an adviser to the prime minister for finance, with the status of a federal minister, the government said in a notification.  Although I will have stewardship of the Ministry of Finance for only 5 months, the prime minister has tasked me to help him implement a very ambitious agenda,  Ismail said in a post on Twitter. He was referring to general election due next year and widely expected in May, though no date has been fixed. The former fiance minister, Ishaq Dar, was relieved of his portfolio on Nov. 22 amid mounting headwinds for the $300 billion economy battling to stave off balance of payments pressures due to dwindling foreign currency reserves and a widening current account deficit. Dar, who was widely credited with navigating Pakistan out of a 2013 balance of payments crisis, is facing corruption charges in connection with accusations he amassed wealth beyond his known sources of income. Dar has denied all charges. He is receiving treatment in London for a heart condition. Ismail is a member of former prime minister Nawaz Sharif s political party, which is still the ruling party even though Sharif was ousted amid corruption allegations in July.  Sharif has also denied any wrongdoing. The party has been reluctant to allow the rupee to weaken ahead of elections as it may stoke inflation, though many investors and economists say a weaker rupee is needed to shore up lagging exports. Samiullah Tariq, director of research at Arif Habib Limited, said he expected Ismail would let the rupee soften if he though it necessary.  Basically, he s pro-business, if he feels that a stronger rupee is hindering exports, he will let it weaken,  Tariq told Reuters.  He has plans to introduce tax reforms, rationalize tax rates, create a scheme to release refunds and initiate a scheme to bring back and declare foreign assets owned by Pakistanis,   Tariq added.  worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: pakistan appoints economist head finance ministry electionkarachi pakistan reuters pakistan appointed economist recently chairman board investment take charge finance ministry former minister relieved duties amid accusations corruption fifth smail made adviser prime minister finance status federal minister government said notification although i stewardship ministry finance months prime minister tasked help implement ambitious agenda smail said post twitter he referring general election due next year widely expected may though date fixed the former fiance minister sha dar relieved portfolio amid mounting headlines billion economy battling stave balance payments pressures due dwindling foreign currency reserves widening current account deficit dar widely credited navigating pakistan balance payments crisis facing corruption charges connection accusations amassed wealth beyond known sources income dar denied charges he receiving treatment london heart condition smail member former prime minister away sharia political party still ruling party even though sharia ousted amid corruption allegations july sharia also denied wrongdoing the party reluctant allow rupee weaken ahead elections may stoke inflation though many investors economists say weaker rupee needed shore lagging exports samiullah tariq director research aria habit limited said expected smail would let rupee soften though necessary basically feels stronger rupee hindering exports let weaken tariq told reuters he plans introduce tax reforms rationale tax rates create scheme release refund initiate scheme bring back declare foreign assets owned pakistani tariq added worldnews