29 C
Thursday, March 23, 2023

Shehbaz Sharif Forms Panel to Oversee Enforcement of Austerity Measures Amid Pakistan’s Economic Crisis

- Advertisement -

Pakistan’s Prime Minister, Shehbaz Sharif, has established a committee to carry out austerity measures in order to combat the country’s unprecedented economic crisis.

The committee consists of Finance Minister Ishaq Dar, National Food Security and Research Minister Tariq Bashir Cheema, Law and Justice Minister Azam Nazeer Tarrar, IT and Telecommunications Minister Syed Aminul Haque, Education Minister Rana Tanveer Hussain, Prime Minister’s advisor on Kashmir and Gilgit-Baltistan Affairs Qamar Zaman Khaira, and Minister of State for Power Hashim Notezai.

In order to save around PKR 200 billion, the Prime Minister announced a range of austerity measures, including the forgoing of salaries and privileges for federal cabinet members, advisors, and special assistants to the Prime Minister. Furthermore, cabinet ministers and members will pay for their own water, electricity, and utilities. All luxury vehicles will also be auctioned off.

Security vehicles will be limited to one per minister, and hotel stays during foreign visits must be avoided. Government departments will have to decrease their expenditure by 15%, and the purchase of luxury items including cars is prohibited until June 2024. Additionally, the creation of any new administrative unit or division is

(To receive our latest news on WhatsApp daily, please click here. To receive it on Telegram, please click here.)

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles