Austerity measures: Govt mulls 10% cut in salaries of its employees
The National Austerity Committee (NAC) is considering different proposals including slashing down the salaries of government employees by 10 percent, sources said.
The other austerity measures include cutting down expenditures of ministries/divisions by 15 percent, reducing the number of federal ministers, ministers of state, advisers from 78 to 30.
The austerity body finalise its recommendations on Wednesday (today) and will send its report to Prime Minister Shehbaz Sharif.
The premier constituted the NAC under the chairmanship of former bureaucrat Nasir Mahmood Khosa last week.
On the other hand, Prime Minister Shehbaz Sharif has agreed to enforce hard decisions to break the stalemate with the International Monetary Fund (IMF).
The tough decisions include hiking the gas and electricity tariffs and unveiling a mini-budget for imposing more taxation measures to fetch Rs150-200 billion.
