Pakistan Cuts Salaries In State Firms As Fuel Crisis Bites

Pakistan Cuts Salaries In State Firms As Fuel Crisis Bites

Pakistan’s PM Shehbaz Sharif has approved salary cuts of 5 % to 30 % for employees in state‑owned enterprises and autonomous bodies, part of wide austerity measures amid an ongoing fuel crisis that has strained public finances. The decision aims to reduce government spending as global energy prices rise and economic pressure increases on Pakistan’s economy.