Search For "austerity"
Cash-strapped Pakistan government squanders money on image-building
Updated : 2 years, 10 months ago IST
The current fiscal year is nearing its end with extraordinarily tight fiscal positions and the austerity policy of the PDM government in Pakistan, but discretionary spending on development schemes for constituencies of parliamentarians of the coalition partners and publicity continues to gro
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Pakistan Day military parade postponed due to bad weather
Updated : 2 years, 11 months ago IST
Earlier, the Pakistan Army decided to hold the annual parade of the armed forces on Pakistan Day on a limited scale, joining the government's austerity drive that aims at warding off the economic crisis, Dunya News reported.
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Pakistan cabinet ministers ignore austerity plan announced by government
Updated : 3 years ago IST
A meeting of the monitoring committee on the implementation of austerity measures presided over by Finance Minister Ishaq Dar was informed that more than half of the luxury vehicles given to cabinet members, parliamentary secretaries and chairmen of standing committees had not been returned
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Pak Finance Minister directs for speeding up implementation of austerity m
Updated : 3 years ago IST
Ishaq Dar was chairing the second meeting of the monitoring committee to oversee the implementation of austerity measures, according to a press statement issued by the finance ministry.
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Pakistan PM's office demands hike in budget defying national austerity pol
Updated : 3 years ago IST
The additional funds have been reportedly sought by the internal wing of the PM's office with the permission of Shehbaz Sharif,
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Pakistan PM asks ministers, advisers to let go of salaries, benefits as pa
Updated : 3 years ago IST
According to Dawn, the belt-tightening comes as the government is trying to resume a stalled loan programme of the International Monetary Fund (IMF) to secure funds worth USD 1 billion. The premier said an agreement with the Fund was in its final stages.
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Pak PM Shehbaz asks Foreign Office to cut expenses under austerity measure
Updated : 3 years ago IST
Shehbaz Sharif has issued instructions to the Ministry of Foreign Affairs to slash down a number of foreign missions abroad and reduce their offices, staff, and other measures to cut down expenditures by 15 per cent.
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PCB announces PKR 7.76 billion budget for FY 2020-21, 10 pc reduction from
Updated : 5 years, 8 months ago IST
Lahore [Pakistan], June 27 (ANI): The Board of Governors (BoG) of the Pakistan Cricket Board on Friday approved a PKR 7.76 billion operating expenditure budget for the 2020-21 fiscal year, which is a 10 per cent reduction from the last budget as part of the PCB's austerity, robust financial
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Maharashtra Governor Koshyari announces austerity measures to cut expenses
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): The Governor of Maharashtra Bhagat Singh Koshyari today announced a series of austerity measures to reduce the expenses of Raj Bhavan so as to make more resources available for COVID-19 relief measures.
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IDFC First Bank senior management takes 10 pc pay cut
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 25 (ANI): IDFC First said on Monday its senior management has volunteered to take a 10 per cent cut in compensation during the current financial year 2020-21.
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Mukesh Ambani to forgo salary amidst other austerity measures at RIL
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 30 (ANI): Reliance Industries Limited (RIL) Chairman and Managing Director Mukesh Ambani has decided to forego his salary as a cost-cutting measure till COVID-19 impact abates.
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Greeks alter Christmas meal menu due to price hikes
Updated : 6 years, 2 months ago IST
Athens [Greece], Dec. 25 (ANI): Pork and Turkey have been the main protagonists in a typical Christmas meal in Greece. But the menu, this year, is changing due to the price hike of main ingredients, local market experts and consumers told Xinhua here on Tuesday.
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