Pak employees face heat: Up to 30% salary cuts in state firms amid fuel crisis

AI Summary

Pakistan's Prime Minister has approved salary cuts of 5 to 30 percent for state-owned enterprise employees as part of an austerity drive linked to a fuel crisis exacerbated by Middle East conflict. The government is also reducing fuel allocations for official vehicles and halting new vehicle purchases. These measures are intended to fund public relief efforts.

Pakistan's Prime Minister has approved significant salary cuts for state-owned enterprise employees, ranging from 5 to 30 percent, as part of a broad austerity drive. This move follows a sharp fuel price hike linked to the Middle East conflict. The government is also reducing fuel allocations for official vehicles and banning new purchases to fund public relief efforts.