PM chairs national austerity meeting, urges frugality across government

Updated 09 Mar, 2026 05:21pm 2 min read
Prime Minister Shehbaz Sharif. –APP file
Prime Minister Shehbaz Sharif. –APP file

Prime Minister Shehbaz Sharif chaired a meeting on austerity that concluded on Monday, with all four provincial Chief Ministers participating via video link, government sources said.

The session reviewed recommendations focused on frugality and simplicity, and discussed potential economic impacts of the ongoing war and measures to stabilise the national economy.

Officials from all provinces and senior representatives of relevant institutions attended.

Officials were briefed on possible effects of regional and global developments on Pakistan’s economy, including challenges related to price fluctuations in international markets.

The Prime Minister emphasised that timely measures for economic stability are essential under the current international situation.

The government is closely monitoring developments, and maintaining national economic stability remains a top priority, the sources said.

The Prime Minister pledged that the government will provide maximum relief to citizens during difficult times.

Special instructions were issued to the federal cabinet, elected representatives, and senior officials to ensure effective use of resources and provide relief to the public.

All government employees and ministers were advised to adopt simplicity and frugality, with plans also set for the industrial and agricultural sectors.

The Prime Minister stressed that national production, exports, and food security should not be affected, and urged all segments of society to share the burden of frugality fairly, encouraging the privileged and elite to lead by example.

Briefings highlighted that Pakistan has adequate reserves of petrol, diesel, and other petroleum products, with arrangements in place for emergencies.

Officials also emphasised careful use of energy and fuel, with continuous monitoring of supply and demand to conserve government resources.

Provincial representatives presented plans in the context of global tensions, and provinces were directed to implement administrative measures effectively.

Instructions were given to maintain digital connectivity, including uninterrupted internet access for remote workers, and ensure the smooth continuation of work-from-home arrangements.

Sources said federal cabinet members will contribute to the national austerity plan, and the Prime Minister indicated that salaries and benefits could be reduced until the economic situation improves.

For the latest news, follow us on Twitter @Aaj_Urdu. We are also on Facebook, Instagram and YouTube.