Web Desk: Pakistan introduced new austerity and fuel conservation measures on Sunday. The plan includes a temporary salary cut for senior officials in public institutions. The government aims to reduce spending and manage limited national resources.
Prime Minister Shehbaz Sharif approved the measures after reviewing recommendations from a committee on fuel conservation and austerity. The Cabinet Division announced the decision in an official statement.
Officials said the new steps expand earlier directives designed to cut government spending. The measures also promote efficient energy use across public sector organizations.
The government approved a two-month salary cut for senior management in government and semi-government institutions. Officials said the move strengthens existing austerity policies introduced by the Cabinet Division.
The reduction will affect top leadership positions across state institutions. These include chief executive officers, executive directors, directors and other senior administrators.
The policy also applies to senior management in statutory bodies, autonomous organizations, regulatory authorities and state-owned enterprises.
Officials said the step shows financial discipline at the leadership level. It also helps reduce operational costs in the public sector.
The government will transfer all salary deductions to the Prime Minister’s Austerity Fund. Authorities said the fund will support initiatives linked to austerity policies and better resource management.
Officials will calculate the deductions according to specific grade structures. Authorities will then deposit the amounts directly into the fund.
Officials said the decision forms part of a broader strategy. The government wants to reduce public spending and promote responsible energy use in state institutions.
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