Earlier, media reports claimed that Prime Minister Shahid Khaqan Abbasi had requested Ishaq Dar twice to resign but the minister refused to do so by saying that it is not the proper time. Punjab Chief Minister (CM) Shehbaz Sharif had also made a similar request to the finance minister as he thought that the country required a more energetic and skillful team.
The PML-N government was under pressure from the opposition parties to assign the task to other persons as Dar was unable to deal with matters amid court cases and illness.
The source further added that while there are options available to Dar there is no resignation at this stage.
Information Minister Marriyum Aurangzeb also confirmed that Dar had not resigned from his position and that he would announce his plans of resignation himself if he had any.
While the President has removed Dar from the Council of Common Interests, according to sources, Interior Minister Ahsan Iqbal is set to replace him as the Finance Minister as well.
In September, a NAB court had indicted Finance Minister Ishaq Dar in a reference regarding owning assets beyond his known sources of income. Sharif and his daughter Maryam Nawaz, widely seen as his political heir, are embroiled in several corruption cases and the former premier has been disqualified from politics by the Supreme Court.
Earlier, the National Accountability Bureau's court had issued non-bailable arrest warrants for the finance minister for his constant failure to appear before it.
He further said that the matter will be reviewed in case of issuance of orders from the court to put name of Dar on Exit Control List (ECL).
Two of the people being considered for the job are Shaukat Tarin, who served as finance minister in the Pakistan Peoples Party (PPP) government and Ishrat Husain, who was governor of the State Bank of Pakistan during Pervez Musharraf's regime.
Let it be known that Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and other opposition parties have been demanding Ishaq Dar's resignation since his name surfaced in alleged money laundering.