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Global Business / The Economic Times

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Pakistan PM approves up to 30% salary cuts in state firms amid fuel crisis

Pakistan's Prime Minister Shehbaz Sharif has approved salary cuts for employees of state-owned firms. Deductions will range from five to thirty percent. This move is part of a wider austerity drive to manage economic challenges. The government is also reducing fuel for official vehicles and taking many off the roads. Cabinet members' salaries will also be used for public welfare.

14 Mar 2026 6:55 pm