ISLAMABAD: The Federal Cabinet Wednesday approved austerity measures under which the government expects to save billions of rupees per annum. One of the key proposals of the austerity plan requires the president and the prime minister to reduce visits by 40 per cent.
A committee would be constituted within a couple of days which will formulate short, medium and long term strategies with timelines to ensure effective implementation of the plan, said Finance Minister Shaukat Tarin.
He was addressing a joint press briefing with Minister for Information and Broadcasting, Qamar Zaman Kaira about the decisions of the Federal Cabinet held with Prime Minister Syed Yousuf Raza Gilani in the chair.
Shaukat Tarin said that cabinet members appreciated the austerity plan and hoped that these measures would supplement government efforts towards good governance.—APP
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