The PM stressed that the proposed strategy should ensure that the burden on the public remains minimal
Prime Minister Shehbaz Sharif speaks at the opening ceremony of Indus AI Week in Islamabad. PHOTO: RADIO PAKISTAN
ISLAMABAD:
In a back-to-back meeting, Prime Minister Shehbaz Sharif on Saturday directed the concerned ministries to prepare a comprehensive plan based on austerity and austerity in view of the existing global economic pressure caused by tensions in the neighboring region.
He issued the directions while chairing a review meeting on the country’s economic situation in the current global context. During the meeting, participants were briefed on the latest global tensions and their economic impact on the region.
The Prime Minister instructed the authorities to formulate a strategy with a focus on economic growth, simplicity and savings. He directed the concerned committee to come up with practical and workable recommendations within the next 48 hours.
The Prime Minister emphasized that the proposed strategy must ensure that the burden on the public remains minimal, while public relief is given top priority. He was also briefed by the committee that was actively working on the matter.
The prime minister also directed the finance and petroleum ministers to visit all four provinces and develop a coordinated strategy with provincial governments to conserve petroleum products while ensuring their uninterrupted supply across the country.
The instructions were issued during a meeting chaired by the Prime Minister to review the country’s economic situation, according to a statement released by the Prime Minister’s Office (PMO).
During the meeting, officials briefed the premier on the evolving global situation and its economic implications for the region.
The Prime Minister also directed the authorities to take strict action against hoarding and artificial shortage. Any petrol pump or business found involved in such practices, he said, should be shut down immediately, have its license revoked and face legal action.
