Prime Minister Shehbaz Sharif & Cabinet Opt to Forgo Salaries Austerity Initiative Unveiled
Prime Minister Shehbaz Sharif and his federal cabinet members voluntarily decided to give up their salaries and benefits on Wednesday. This move is part of the government’s efforts to promote saving money.
The decision was made during a cabinet meeting led by the prime minister. They discussed various topics, including a briefing on the Staff Level Agreement with the International Monetary Fund (IMF) and the creation of PIA Holding Company.
Federal Finance Minister Muhammad Aurangzeb briefed the cabinet on the IMF agreement. He explained how this agreement would help improve the country’s economy and make investors more confident.
The decision to forgo salaries and perks shows the government’s commitment to saving money and promoting austerity measures. It sets an example for others to follow in these challenging times.