President appoints new Finance Minister

President Mohamed Nasheed has appointed Ahmed Inaz as Finance Minister.

Inaz previously held the post of the Minister of State for Economic Development, said the President’s Office.

”Prior to the presentation of the Letter of Appointment, Inaz took the oath of office of the members of the Cabinet before the Supreme Court Judge Abdulla Areef,” the President’s Office said.

Former Finance Minister  Ali Hashim was dismissed from his position after it refused to approve his reappointment.