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.
