Pakistan finance minister to resign

Pakistan's Finance Minister Miftah Ismail said late on Sunday he planned to formally resign from the role, a change that comes as the country grapples with an economic crisis exacerbated by destructive flooding. "I have verbally resigned as Finance Minister," Ismail said in a Tweet, adding that he had signalled his plans to Prime Minister Shehbaz Sharif during a meeting. "I will tender a formal resignation upon reaching Pakistan," he added. Ismail and Sharif are currently in London and due to return to Pakistan early next week.