The Prime Minister stressed that the proposed strategy should ensure that the burden on the public remains minimal.
Prime Minister Shehbaz Sharif speaking at the opening ceremony of Indus AI Week in Islamabad. PHOTO: RADIO PAKISTAN
ISLAMABAD:
In back-to-back meetings, Prime Minister Shehbaz Sharif on Saturday ordered relevant ministries to prepare a comprehensive plan based on austerity and savings, considering the existing global economic pressures caused by tensions in the neighboring region.
He gave these instructions while chairing a meeting to review the country’s economic situation in the current global context. During the meeting, participants were briefed on recent global tensions and their economic impact on the region.
The Prime Minister asked the authorities to formulate a strategy focused on economic growth, simplicity and savings. He asked the concerned committee to come up with practical and actionable recommendations within the next 48 hours.
The Prime Minister stressed that the proposed strategy should ensure that the burden on the public remains minimal while giving top priority to public assistance. He was also informed by the committee actively working on the subject.
The Prime Minister also directed the Ministers of Finance and Petroleum to visit the four provinces and develop a coordinated strategy with the provincial governments to conserve petroleum products while ensuring their uninterrupted supply across the country.
The instructions were issued during a meeting chaired by the Prime Minister to review the country’s economic situation, according to a statement issued by the Prime Minister’s Office (PMO).
During the meeting, the officials briefed the Prime Minister on the evolving global situation and its economic implications for the region.
The Prime Minister also asked the authorities to take strict measures against hoarding and artificial shortages. Any gas pump or business involved in such practices, he said, should be shut down immediately, have their license revoked and face legal action.
