Categories: Everyday News

Ban on new jobs, purchase of vehicles under austerity drive

Islamabad:   The federal government has slapped a ban on the creation of new jobs and purchase of new vehicles under austerity drive.

invest with imarat

Islamabad’s emerging city centre

Learn More

According to an Office Memorandum (MO) issued by the Ministry of Finance, the government has decided to bring expenditure to a minimum level. Therefore, the following steps have been initiated:

 

  • ban on creation of new jobs except for development projects
  • ban on purchase of new vehicles (excluding motorcycles)
  • Rational use of utilities will be ensured by Principal Accounting Officers (PAOs), which includes electricity, gas, telephone, water etc. and expenses incurred on purchase of assets, repair and maintenance and other operational expenditure
  • provision of one newspaper/magazine/periodicals
  • both sides of a paper will be used

 

Austerity Committee has been formed to review and approve only critical and unavoidable proposals pertaining to the purchase of vehicles and creation of posts.

The committee will be comprised of

  • Additional Finance Secretary (Expenditure) (In Chair)
  • Senior Joint Secretary/Joint Secretary (Expenditure) (Member)
  • Senior Joint Secretary/Joint Secretary (Member) (Exp. – of ministry/division) concerned, finance division
  • CF&AO of the ministry/division concerned (Member)
  • Representative of the ministry/division concerned (Member)/Department (Not less than an officer in BS-20)
  • Deputy Secretary (Expenditure) (Secretary)

Read More

Everything You Need to Know About Vehicle Registration in Pakistan

Maham Tahir

Recent Posts

Islamabad Administration Confirms City Functioning Normally, No Road Closures Reported

Islamabad, Oct 13: The Islamabad district administration has clarified that all roads in the federal…

13 hours ago

CDA and OPF Join Hands to Attract Foreign Investment in Islamabad

Islamabad: Capital Development Authority (CDA) and the Overseas Pakistanis Foundation (OPF) have agreed to collaborate on…

5 days ago

RMC Launches Beautification Drive in Rawalpindi’s Raja Bazaar and Commercial Market

Rawalpindi: The Rawalpindi Municipal Corporation (RMC) has finalized a phased plan to complete multiple ongoing…

6 days ago

Abdul Aleem Khan Launches NHA Reform Plan to Boost Revenue and End Encroachments

Islamabad: Federal Minister for Communications Abdul Aleem Khan has unveiled a wide-ranging reform strategy for…

1 week ago

IMARAT Becomes the First Certified Marriott International Operator in the Region

IMARAT has made history by becoming Pakistan’s first certified Marriott International operator, a landmark achievement…

2 weeks ago

IsDB Approves $475m for M-6 Sukkur–Hyderabad Motorway Project

Islamabad: The Islamic Development Bank (IsDB) has approved a USD 475 million financing package for…

2 weeks ago