PM Shehbaz Extends Austerity Measures Till June 13 to Tackle Fuel Crisis Amid US-Iran Conflict
Pakistan extended fuel and travel curbs after U.S.-Iran talks stalled, with the measures now set to run until June 13, officials said.
- On Monday, the federal government extended its austerity drive and fuel conservation measures until June 13, 2026, following President Donald Trump's Sunday rejection of Iran's proposal to end the Middle East conflict.
- Prime Minister Shehbaz Sharif initially launched the austerity plan on March 9 after a 20% fuel price hike, triggered by energy supply disruptions following the closure of the Strait of Hormuz.
- The extension maintains key cost-cutting efforts, including grounding 60% of official vehicles, a 50% fuel allowance reduction for government cars, and a 4-day workweek for government offices excluding essential services.
- Cabinet members and parliamentarians face significant financial adjustments, with parliamentarians seeing a 25% salary reduction and senior officials earning over Rs300,000 having two days' pay deducted.
- Pakistan remains highly dependent on oil supplies from West Asia, positioning the austerity measures as critical to mitigating inflation and supply chain disruptions as diplomatic efforts continue amid regional instability.
17 Articles
17 Articles
Pakistan extends austerity measures amid US-Iran deadlock
Islamabad: Pakistan’s Prime Minister Shehbaz Sharif has extended the countrywide austerity drive till June 13 in the wake of uncertainty caused by the US and Iran’s failure to strike a deal to end the conflict in West Asia amid a fragile ceasefire. The government announced several measures on March 9 following the disruption in the energy supplies after the US and Israel launched an attack against Iran on February 28. The austerity measures were…
PM Shehbaz extends austerity measures till June 13 to tackle fuel crisis amid US-Iran conflict
Prime Minister Shehbaz Sharif on Monday extended several austerity measures aimed at reducing fuel consumption till June 13 to cope with the ongoing fuel crisis amid the US-Iran conflict.
PM Shehbaz Sharif extends austerity measures until June 13 amid economic pressure
Prime Minister Shehbaz Sharif has extended the nationwide austerity campaign until June 13 as Pakistan continues to face economic challenges linked to tensions in the Middle East and rising global oil prices.
The Print
Pakistan extends countrywide austerity drive after US, Iran fail to strike deal
Pakistan’s Prime Minister Shehbaz Sharif on Monday extended the countrywide austerity drive till June 13 in the wake of uncertainty caused by the US and Iran’s failure to strike a deal to end the conflict in West Asia amid a fragile ceasefire.
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