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  • AL Habib Asset Management Recognised at 23rd CFA Society Pakistan Excellence Awards
    November 4, 2026

    AL Habib Asset Management Recognised at 23rd CFA Society Pakistan Excellence Awards

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austerity measures

FPCCI Member Calls Austerity Measures An Economic Curfew, Seeks Fuel Policy Changes
Money Press September 21, 2026

FPCCI Member Calls Austerity Measures An Economic Curfew, Seeks Fuel Policy Changes

9 Views by PakBanker Desk

FPCCI Executive Committee member Adeel Siddiqui has criticised government austerity measures and called for changes to fuel levies, state-owned enterprise spending and transport subsidies.

Pakistan Government Cuts Official Vehicle Fuel Quota by 50% for Three Months
Economy September 18, 2026

Pakistan Government Cuts Official Vehicle Fuel Quota by 50% for Three Months

15 Views by PakBanker Desk

The federal government has reduced fuel allocations for official vehicles by 50% for three months and introduced fresh austerity measures, including bans on vehicle purchases and foreign travel.

Prime Minister Coordinator Outlines Inflation Reduction Strategy and Relief Measures for Federal Budget
Finance Tech April 13, 2026

Prime Minister Coordinator Outlines Inflation Reduction Strategy and Relief Measures for Federal Budget

11 Views by webdesk

Prime Minister Coordinator Rana Ihsan Afzal Khan confirms the upcoming federal budget will prioritize public relief and austerity without imposing new financial burdens.

National Assembly Surrenders 472 Million to Treasury Amid Federal Austerity Drive
Economy April 7, 2026

National Assembly Surrenders 472 Million to Treasury Amid Federal Austerity Drive

9 Views by webdesk

The National Assembly Secretariat deposits 472.1 million rupees into the national treasury as Speaker Ayaz Sadiq implements strict cost-saving measures.

Prime Minister Shehbaz Sharif Announces Massive Petrol Levy Reduction Amid Global Energy Crisis
Economy April 6, 2026

Prime Minister Shehbaz Sharif Announces Massive Petrol Levy Reduction Amid Global Energy Crisis

8 Views by webdesk

PM Shehbaz Sharif slashes petrol levy by Rs80 per litre to provide relief as Pakistan navigates a fuel crunch caused by the Middle East conflict and rising global prices.

Government Introduces Targeted Petrol Subsidy for Motorcyclists Amid Global Oil Surge
Economy April 4, 2026

Government Introduces Targeted Petrol Subsidy for Motorcyclists Amid Global Oil Surge

15 Views by webdesk

Advisor Khurram Schehzad confirms fuel price hikes driven by international crises while announcing targeted relief for bikers through BISP data integration.

Sindh Government Considers Smart Lockdowns to Tackle Fuel Crisis Amid Middle East Conflict
Money Press March 25, 2026

Sindh Government Considers Smart Lockdowns to Tackle Fuel Crisis Amid Middle East Conflict

14 Views by webdesk

Local Government Minister Nasir Hussain Shah confirms Sindh may implement smart lockdowns and strict austerity measures to conserve fuel as global oil prices surge.

Prime Minister Shehbaz Sharif Urges Fuel Conservation Amid Escalating Gulf Energy Crisis
Money Press March 23, 2026

Prime Minister Shehbaz Sharif Urges Fuel Conservation Amid Escalating Gulf Energy Crisis

12 Views by webdesk

PM Shehbaz Sharif chairs high-level meeting in Islamabad, calling for nationwide fuel-saving measures and austerity to navigate potential supply disruptions from the Middle East.

PM Shehbaz Reaffirms Economic Stability and Petroleum Security Amid Global Tensions
Economy March 20, 2026

PM Shehbaz Reaffirms Economic Stability and Petroleum Security Amid Global Tensions

16 Views by webdesk

Prime Minister Shehbaz Sharif prioritizes public relief and fuel security, introducing the Pak App reporting feature and third-party audits for austerity measures.

Pakistan Implements Massive Salary Cuts for SOE Employees Amid Global Energy Crisis
Money Press March 18, 2026

Pakistan Implements Massive Salary Cuts for SOE Employees Amid Global Energy Crisis

18 Views by webdesk

PM Shehbaz Sharif mandates 5-30% salary cuts for SOE employees as part of a rigorous austerity drive to mitigate the impact of the US-Iran war on fuel prices.

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  • AL Habib Asset Management Recognised at 23rd CFA Society Pakistan Excellence AwardsAL Habib Asset Management Recognised at 23rd CFA Society Pakistan Excellence Awards
  • Kashf Foundation and Canada Partnership Advances Women’s Economic Empowerment in PakistanKashf Foundation and Canada Partnership Advances Women’s Economic Empowerment in Pakistan
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