ISLAMABAD: Prime Minister Shehbaz Sharif would unveil an austerity plan of the government on Monday in view of the prevailing global fuel crisis due to the US/Israel-Iran war, the Prime Minister’s Office (PMO) said. On Friday, the government announced an increase in the petroleum product prices by up to Rs55 in the wake of the regional energy crisis. In a press release, the PMO said the PM Shehbaz chaired a meeting on Sunday and reviewed the austerity plan. “The meeting was apprised that the final plan regarding austerity and savings will be announced tomorrow (Monday),” it confirmed. The meeting was, however, informed that the country had adequate reserves of petrol and diesel, and the government had already taken precautionary measures to meet any awkward situation, it said. It added that the government had already prepared a contingency plan under which work from home and distance learning had been proposed till the situation returns to normal. However, the PM had halted the plan on Friday and decided to review it on a weekly basis.
Published: March 8, 2026 5:17 pm
Source: Dawn — Read original