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PM Shehbaz Sharif Announces Emergency Austerity Measures Amid Global Oil Shock

Post by : Shakul

Pakistan is grappling with a worsening fuel crisis as Prime Minister Shehbaz Sharif announced emergency austerity measures to conserve oil amid soaring global prices linked to Middle East tensions. The government has ordered schools to close for two weeks, shifted public offices to a 4-day workweek, and directed 50% of staff to work from home.

Officials also confirmed that 60% of government vehicles will be taken off the roads, fuel allowances will be reduced by 50%, and public spending will be cut by 20% as Islamabad seeks to manage the shrinking fuel supply.

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March 12, 2026 6:25 p.m. 252

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