Pakistan’s Prime Minister has approved significant salary cuts for state-owned enterprise employees, ranging from 5 to 30 percent, as part of a broad austerity drive. This move follows a sharp fuel price hike linked to the Middle East conflict. The government is also reducing fuel allocations for official vehicles and banning new purchases to fund public relief efforts. Pakistan’s Prime Minister has approved significant salary cuts for state-owned enterprise employees, ranging from 5 to 30 percent, as part of a broad austerity drive. This move follows a sharp fuel price hike linked to the Middle East conflict. The government is also reducing fuel allocations for official vehicles and banning new purchases to fund public relief efforts.
Trending
- Wanted fugitive killed by Dallas police reportedly worked as security guard for Jasmine Crockett: Report
- Puranik, Aronyak clinch Blitz and Rapid titles at National Chess C’ship
- ‘Surprise attack’: Can Iran hit California with kamikaze drones?
- Iran crisis: MEA says five Indians killed, one missing in conflict; two LPG vessels cross Strait of Hormuz safely
- Kuldeep Yadav wedding: When and where is the ceremony? All you need to know
- Pak employees face heat: Up to 30% salary cuts in state firms amid fuel crisis
- ‘I can’t’: England legend Kevin Pietersen quits Delhi Capitals role – here’s why
- Evening news wrap: All Indian crew in Persian Gulf safe, says govt; Centre revokes Sonam Wangchuk’s NSA detention; & more