The government has constituted a 10-member committee to ensure the implementation of austerity measures, as it sought to cut expenditures to reduce fiscal debt, it emerged on Friday. The move comes as Pakistan is seeking the resumption of the IMF’s extended fund facility and to that end, has committed to reducing the fiscal deficit. According to the Finance Division notification dated July …
Read More »Govt forms austerity committee in bid to rein in runaway expenditure
July 8, 2022