Defence Monitor

avert economic tsunami

With IMF not amused, Shehbaz pushes austerity to avert economic tsunami

With IMF not amused, Shehbaz pushes austerity to avert economic tsunami

Islamabad, Feb 26 (IANS) After being widely criticised for plunging the masses into a dangerous wave of inflation, price hikes and taxes, Prime Minister Shehbaz Sharif-led Pakistan coalition government has now come up with an austerity plan to avert the economic meltdown aiming to save the government over Rs 200 billion per annum. In a latest, Prime Minister Shehbaz Sharif has asked all of his ministers and advisers to relinquish their salaries, benefits and luxury cars and to fly economy class to help the government save millions of rupees to avert the loomimng economic meltdown threats the country is facing. The…
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