Tuesday, April 30, 2024
Advertisement
  1. You Are At:
  2. News
  3. World
  4. Pakistan PM Shehbaz Sharif bans 'red carpets' at official events to 'save money' amid rising economic crisis

Pakistan PM Shehbaz Sharif bans 'red carpets' at official events to 'save money' amid rising economic crisis

Pakistan has been reeling under economic stress for the past few years. Even the Prime Minister acknowledged that the country could not survive if the IMF did not provide adequate funds.

Ajeet Kumar Edited By: Ajeet Kumar @Ajeet1994 Islamabad Published on: March 31, 2024 12:40 IST
Pakistan PM Shehbaz Sharif
Image Source : AP Pakistan PM Shehbaz Sharif

Islamabad: As Pakistan reeling under the worst economic crisis, Prime Minister Shehbaz Sharif has abruptly announced banning the use of "red carpets" at government events as part of austerity measures to cut down unnecessary expenditures in the cash-strapped nation. According to the latest measures announced by the Prime Minister, the "red carpet" will be reserved exclusively for diplomatic receptions.

Sharif expressed annoyance over the use of red carpets during the visits of federal ministers and senior authorities at government functions. According to the Cabinet Division, a ban has been imposed on the use of red carpet on the prime minister’s directives.

According to a notification issued by the Cabinet division, the prime minister has instructed that the red carpet will not be used for federal ministers and government figures at official events in the future. However, it could be used as a protocol only for foreign diplomats, The Express Tribune newspaper reported. The decision to ban red carpets is more than just a symbolic gesture. It represents a tangible effort to curb unnecessary expenditures and redirect resources to more critical areas of governance.

By eliminating the use of red carpets, the government aims to save funds and promote a more responsible and prudent approach to public finances.

Pakistan govt decided to forego salary, perks

Last week, Prime Minister Sharif and members of the Cabinet decided to voluntarily forego their salaries and perks as part of the government’s efforts to promote austerity. Last month, the prime minister stated that austerity measures were the government’s top priority.

Earlier, President of Pakistan Asif Ali Zardari decided against taking salary and perks, owing to economic challenges being faced by the country. Sharif earlier this month took oath as the prime minister for a second time since 2022 amidst staggering economic and security challenges.

Sharif on Tuesday said his government is planning to approach the International Monetary Fund for “another programme”, days after the country struck a staff-level agreement with the global lender regarding the disbursal of the final tranche of USD 1.1 billion.

(With inputs from agency)

Also Read: 'Can't survive without another IMF programme': Pakistan PM Sharif says another long-term bailout is inevitable

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from World

Advertisement
Advertisement
Advertisement
Advertisement