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PM Shehbaz Sharif announces slew of austerity measures

The PDM-led government aims to save Rs200bn through austerity measures.

PM Shehbaz Sharif on Wednesday announced a slew of austerity measures aimed to save Rs200 billion annually.

Shehbaz Sharif while unveiling a massive austerity drive at the federal government level to slash expenditures said that the result of such a frugal exercise would yield far-reaching effects.

Here is the List of the austerity measures announced by PM Shehbaz Sharif while addressing a press conference along with the members of his cabinet:

  • All federal cabinet members, advisers and special assistants to forgo salaries and other privileges
  • All cabinet members are to pay their own utility bills
  • All cabinet members are to return all luxury vehicles which will be auctioned
  • Only one security vehicle to be provided to cabinet members when needed
  • Cabinet members and government officers to travel in the economy for domestic, and foreign trips; support staff are not permitted to tag along
  • Cabinet members to not stay in five-star hotels during foreign visits
  • All divisions, departments, subordinates and other government entities under the federal government to slash current expenditure by 15pc
  • Purchasing luxury items, all types of vehicles are banned till June 2024
  • Official vehicles being used by government officers availing of monetisation scheme will be recalled
  • Security vehicles will no longer be provided to government officers
  • Teleconferencing will be promoted to reduce travelling expenses
  • No administrative unit or division or subdivision is to be created for the next two years
  • “Single treasury account” to be established
  • Offices to open at 7:30 am during summer
  • Government employees to not be allotted more than one plot
  • Only one dish will be served at all government events

Saman Siddiqui

Saman Siddiqui, A freelance journalist with a Master’s Degree in Mass Communication and MS in Peace and Conflict Studies. Associated with the media industry since 2006. Experience in various capacities including Program Host, Researcher, News Producer, Documentary Making, Voice Over, Content Writing Copy Editing, and Blogging, and currently associated with OyeYeah since 2018, working as an Editor.

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