Shops and markets start closing at 8pm as PM reviews austerity measures

PM Shehbaz warns of strict measures against oil hoarders at austerity review meeting

The Islamabad administration has started implementing the federal government’s directive to close shopping malls and markets from 8 p.m. on Tuesday, as part of a nationwide austerity drive aimed at conserving energy and stabilizing the economy.

The move follows a decision taken the day before at a high-level review meeting chaired by Prime Minister Shehbaz Sharif. The policy was applicable across Punjab, Khyber-Pakhtunkhwa, Balochistan, Islamabad Capital Territory, Gilgit-Baltistan and Azad Jammu and Kashmir, where implementation began today.

Under the new regulations, general stores, department stores and all types of shopping centers must close at 8 p.m. However, bakeries, restaurants, tandoors and other food outlets are allowed to operate until 10 p.m. Wedding venues, marquees and commercial venues hosting events must also close by 10 p.m.

The Sindh government, meanwhile, remains in the consultation phase regarding the revised market timings and opening hours.

At a meeting today, officials briefed the Prime Minister on enforcement measures in the provinces and territories. The review focused on fuel savings, energy efficiency and the wider implementation of austerity policies.

Addressing the participants, Prime Minister Shehbaz urged citizens to play their role in reducing fuel consumption, citing current economic challenges and regional tensions. He warned that hoarding of petroleum products would not be tolerated and strict legal action would be taken against those involved.

Learn more: Soaring costs and fuel shortage fears push Pakistan towards electric motorcycles

“Part of the country’s electricity generation depends on petroleum products,” he said, stressing that the early market closures were intended not only to conserve valuable foreign exchange, but also to ensure uninterrupted electricity supply.

The meeting members were further informed that discussions with the Sindh government on adopting the 8 p.m. closing policy were underway.

Officials also highlighted progress on a targeted grant program. Provincial governments have started submitting data on eligible beneficiaries and, after verification, grants are distributed through a transparent digital system.

The Ministry of Information, in collaboration with the State Bank of Pakistan, has been providing continuous subsidies to freight vehicles, buses and trucks since April 4.

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