Pakistan is in economic turmoil due to political instability. To overcome the crisis, the country has decided to eliminate one and a half lakh posts in government jobs to reduce administrative costs. At the same time, the country’s Finance and Revenue Minister Mohammad Aurangzeb announced the abolition of one ministry and the merger of two ministries.
He said this in a press conference in Islamabad on Sunday. This information was revealed in the report of NDTV on Monday.
Aurangzeb said that the decision to abolish 60 percent of vacant posts was made after the approval of the Federal Cabinet of Pakistan to reduce government expenditure. Apart from this, the abolition of Capital Administration and Development Division CADD Ministry has been approved. At the same time the two ministries will be merged.
Earlier this month, many government officials may lose their jobs, according to various media of the country. Abolition of government vacancies was proposed in August. The finance minister also said that various plans of the government will bring economic stability in the country. The government will take necessary steps to bring all the traders under the tax. He also said that the government facilities of unregistered traders will be stopped. Aurangzeb said the government’s measures, including the protection of the International Monetary Fund (IMF) bailout package, would bring economic stability.
