Prime Minister Shehbaz Sharif directs implementation of austerity measures

ISLAMABAD: Prime Minister Shehbaz Sharif has instructed the federal government to enforce strict austerity measures in an effort to address the country’s economic challenges, according to an official statement.

The directive was issued during a high-level meeting chaired by the prime minister on Thursday, where he emphasized the importance of reducing unnecessary government expenditures. The meeting was attended by senior cabinet members and relevant officials.

According to the official statement, Prime Minister Shehbaz Sharif said, "The government must take all possible steps to ensure judicious use of public resources and cut down on avoidable expenses." He further stressed that all ministries and divisions should strictly comply with the new austerity guidelines.

The prime minister also highlighted the need for transparency and accountability in the implementation of these measures. He directed the concerned authorities to submit regular reports on the progress of the austerity drive.

The move comes as Pakistan continues to face significant economic pressures, with the government seeking to stabilize public finances and manage fiscal deficits. The prime minister’s orders are part of broader efforts to promote financial discipline across government departments.

Officials present at the meeting assured the prime minister of their commitment to fully implement the austerity measures as directed. Further details regarding specific actions or targets under the new policy were not disclosed in the official statement.