DNA Exclusive: Analysis Of Pakistan’s Cost-Cutting Formula To Deal With Economic Crisis

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DNA Exclusive: Analysis Of Pakistan’s Cost-Cutting Formula To Deal With Economic Crisis


New Delhi: Although Pakistan has acquired an enormous quantity of funding as flood reduction donations from the International Monetary Fund and its all-weather ally China has additionally lent 700 billion USD the nation remains to be reeling underneath an enormous financial disaster. 

In right this moment’s DNA, Rohit Ranjan analysed how Pakistan is attempting to combat its financial disaster by making use of the cost-cutting formulation within the nation.  

To cope with its crippling financial system, the Pakistan authorities has now determined that a number of officers of the Pak authorities together with the nation’s PM Shebaz Sharif is not going to get salaries. Pak PM has introduced that his cupboard minister is not going to receives a commission and the PM himself alongside together with his particular advisors may also not take the salaries to take off some load from the shattering financial system of the nation.

Sharif additionally introduced that each one authorities VIPs in Pakistan will now pay their payments for electrical energy, water, telephones and so forth and the luxurious automobiles of all of the VIPs may also be taken again to cope with the crippling financial scenario.

The Pakistan authorities has additionally determined to handle all its conferences by way of video conferencing to chop journey bills and for the conferences that are scheduled to be attended outdoors the nation, the officers will journey within the financial class of the airways.





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