The finance minister sayd PM Shehbaz Sharif would at some point announce austerity measures to save government expenditure


Islamabad: Finance Minister Miftah Ismail on Monday said there was no chance of financial emergency in the country.
Taking to tweet, Ismail said the country was not facing a financial emergency as the price of petrol had been increased twice and hiked up to Rs209.86, while there has also been a massive increase in other petroleum products.
"The Prime Minister will at some point announce austerity measures to save government expenditures. But there is not going to be any declaration of financial emergency. Nor is there any financial emergency. After two increases in petrol prices, we are out of the financial crisis," the minister said in the tweet.
The Prime Minister will at some point announce austerity measures to save government expenditures. But there is not going to be any declaration of financial emergency. Nor is there any financial emergency. After two increases in petrol prices, we are out of the financial crisis.
— Miftah Ismail (@MiftahIsmail) June 6, 2022
The finance minister, without specifying a date, added that Prime Minister Shehbaz Sharif would at some point announce austerity measures to save government expenditure.
Car bomb blast kills one, injures several in Balochistan’s Kech
- 4 hours ago

Girls outperform boys in Rawalpindi intermediate exams
- 4 hours ago

Tremors jolt Punjab as two earthquakes hit within days
- 5 hours ago

Gold prices remain stable, silver continues upward trend
- 5 hours ago

Flood threat rises in Sindh as water flow increases at Sukkur and Kotri Barrages
- 2 hours ago
US-UK sign major technology partnership during President Trump's visit
- 2 hours ago

Old pension system restored for new hires in Sindh
- 5 hours ago
Rupee strengthens against dollar in interbank and open markets
- 2 hours ago

No justice for my wife and me: PTI founder writes to CJP
- 6 hours ago

World Athletics Championships: Arshad Nadeem out of medal race
- 5 hours ago
50 Sudanese migrants killed as boat capsizes off Lebanon coast
- 2 hours ago

Google Discover feed gets major upgrade with social media posts and shorts
- 2 minutes ago