Advertisement

Austerity policy to be strictly enforced: PM Shehbaz 

  • Web Desk
  • Share

PM Shehbaz Austerity policy

Austerity policy to be strictly enforced; no laxity to be tolerated: PM. Photo: APP

Advertisement

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said that the austerity policy he had announced a day earlier would be enforced strictly and no laxity in this regard would be tolerated.

The prime minister, chairing a meeting to review the implementation of the policy, said the “historic” decisions made to promote austerity and simplicity would have a far-reaching impact that also got applause from the public.

He directed the formation of a monitoring committee to oversee the implementation of the decisions. The committee would meet at least fortnightly.

To be chaired by a cabinet member from a coalition party, the monitoring committee would comprise representation from all the allied parties.

Advertisement

Other committee members would include Special Assistant to PM Jahanzeb Khan, Principal Secretary to PM and federal finance secretary.

The prime minister said the austerity measures would help save national resources; however, effective outcomes depended on the full enforcement of the policy.

Also Read

IMF agreement likely by this week: Naveed Qamar

ISLAMABAD: Federal Minister for Commerce Syed Naveed Qamar said Wednesday that the...

Federal ministers Rana Tanveer Hussain and Tariq Bashir Cheema, Advisor Qamar Zaman Kaira, State Minister Hashim Notezai, SAPM Jahanzeb Khan and relevant senior officers attended the meeting.

Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
Punjab Govt imposes 10 PM market, 11 PM restaurant closure timings in Lahore to tackle smog
Public holiday announced on November 5
FBR announces mandatory registration for individuals paying Rs500,000 in taxes
Planning to visit Italy? Check 2025 Schengen visa financial requirements for Pakistanis
Pakistan launches its first Google Chromebook Assembly line, Inaugurated by Ishaq Dar
Government decides not to present 27th Amendment in current Parliament sessions
Next Article
Exit mobile version