Mohammad Ishaq Dar is a chartered accountant & a leading financial-cum-economic expert who is serving his country as the Federal Finance Minister of Pakistan. Senator Dar in addition to serving his country as Federal Minister for Finance, Commerce & Industries numerous times in the past has also served as the Leader of the Opposition, in the Senate of Pakistan.
After once again getting elected unopposed in the 2012 Senate elections, Dar was nominated and appointed as the Leader of the Opposition in the Senate of Pakistan on 14 March 2012. He is PMLN's current Parliamentary leader to the Senate of Pakistan.Being made the Finance Minister for the first time in November 1998, he negotiated an IMF rescue package to meet an economic crisis triggered by sanctions over nuclear tests in May that year. The head of a state-run bank later proclaimed that "Whether you call it voodoo economics or Darnomics, he has moved things", referring Darnomics as the unique working of Ishaq Dar when he refused to accept a devaluation or a rise in utility charges or tax rates.
His tenure was unfortunately cut short by General Pervez Musharraf, then-Chairman Joint Chiefs of Staff Committee.Senator Dar's economic policy achievement in the Sharif government was export-led growth as a cornerstone of economic strategy. Dar was once again called upon to rescue the nose-diving economy of Pakistan in the PPP-led coalition government in 2008 but due to political differences Dar and all other PMLN ministers resigned just after 6 months into the government. Senator Dar is also related to Prime Minister Sharif; Sharif's daughter is married to Mr. Dar's elder Son Ali.