Islamabad: Shehbaz Sharif addressed the nation on the current regional situation and announced a series of austerity measures.
He condemned the attacks on Iran, expressing deep sorrow over the martyrdom of Ali Khamenei, his family members, and innocent Iranian citizens.
He also strongly condemned attacks on Gulf countries including Saudi Arabia, Kuwait, Qatar, and Bahrain, saying such attacks threaten regional peace. He affirmed that Pakistan stands shoulder to shoulder with these nations and considers their security part of its own.
Addressing the economic situation, the Prime Minister noted that global crude oil prices have surged from $60 to over $100 per barrel, and Pakistan’s economy heavily relies on oil and gas imports from Gulf countries. He said difficult decisions were necessary, as the government cannot control international oil and gas prices. Measures taken aim to reduce the energy crisis and stabilize the economy.
Austerity Measures Announced:
For the next two months, 60% of government vehicles will be grounded, while ambulances remain exempt. Fuel allocations to government departments will be reduced by 50%.
Cabinet ministers, advisers, and special assistants will voluntarily forgo their salaries for two months, and Members of Parliament will face a 25% salary cut.
Non-salary government expenditures will be reduced by 20%, and purchases of new items in government offices are banned.
Officers at Grade 20 and above will have a two-day salary deduction, redirected for public relief.
Government officials, advisers, and federal ministers are barred from overseas trips; governors’ foreign visits are also suspended.
All government dinners, iftar parties, and seminars will now be conducted in official premises instead of hotels.
Only 50% of staff will work in both public and private sectors for essential services; offices will operate four days a week with one additional weekly holiday.
All schools are immediately granted two weeks of vacation, and online classes will begin in all educational institutions.
Government austerity policy, approves cost-cutting measures
