The record
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- Pakistan has announced a three-month austerity plan to reduce fuel consumption as global oil prices rise amid conflicts in West Asia.
- The measures were approved by the Pakistan cabinet and include a 50% cut in fuel allocations for government vehicles.
- Shops must close by 9pm, marriage halls by 10pm, and restaurants by 11pm, with exemptions for essential services such as pharmacies and fuel stations.
- The government has banned official foreign visits and new vehicle purchases, and cut non-employee expenditure by five per cent.
- The steps come after petrol and diesel prices were raised this week, and the measures apply initially only to Islamabad, with provinces asked to consider similar steps.
What to watch next
- Whether provincial and regional governments adopt similar austerity measures
- Further fuel price revisions amid West Asia tensions
- Impact of the measures on fuel consumption and expenditure over the three-month period
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Named Pakistan · Saudi Arabia
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