HomeWorldBankrupt Pakistan's latest measures to revive economy: Ban on purchase of vehicles and machinery,...

Bankrupt Pakistan’s latest measures to revive economy: Ban on purchase of vehicles and machinery, no medical treatment abroad using state funds

The procurement of machinery and equipment, except those required for hospitals, laboratories, schools, and the agriculture and mining sector, will also be prohibited.

Pakistan’s government imposed a “complete ban” on specific expenditures, including the purchase of new vehicles, machinery, and state-funded medical treatment abroad, a statement by the Finance Division stated, as per Dawn’s report.

The notification, dated September 4, was accessed by Dawn on September 6. It stated that with respect to the new budget, select expenditures will be completely prohibited to ease the burden on the overstrained national treasury.

It said that a ban will be imposed on the “purchase of all types of vehicles, with the exception of operational vehicles, such as ambulances & other medically equipped vehicles, fire fighting vehicles, buses & vans for educational institutions, solid waste vehicles and motorbikes,” Dawn reported.

The procurement of machinery and equipment, except those required for hospitals, laboratories, schools, and the agriculture and mining sector, will also be prohibited. The notification further said that there will be a complete ban on the formation of new governmental posts, including temporary ones, while posts lying vacant for three years will be abolished.

The notification stated that medical treatments in foreign countries using government funds will also be prohibited, while there will also be a ban on “non-obligatory visits abroad where GoP funding is involved,” the notification added.

“All Ministries / Divisions are requested to disseminate the above instructions to all departments under their administrative control for strict compliance,” it stated.

There would be a complete ban on the appointment of staff to federal universities and hospitals except for academic staff that would be hired on a lump sum remuneration package without any future liability on the federal exchequer, as per the report.

The Khyber Pakhtunkhwa finance department in April this year banned the creation of posts, the purchase of vehicles, participation in foreign training programmes and workshops, and the holding of seminars in five-star hotels when they implemented austerity measures, Dawn reported.

The move came as the Pakistani budget drew flak for imposing high taxes and raising energy costs in its bid to secure a USD 7 billion economic bailout from the International Monetary Fund (IMF) without implementing effective and proportional expenditure control in the public sector, Dawn reported.

(This news report is published from a syndicated feed. Except for the headline, the content has not been written or edited by OpIndia staff)

Join OpIndia's official WhatsApp channel

  Support Us  

For likes of 'The Wire' who consider 'nationalism' a bad word, there is never paucity of funds. They have a well-oiled international ecosystem that keeps their business running. We need your support to fight them. Please contribute whatever you can afford

ANI
ANIhttps://aniin.com/
ANI (Asian News International) is South Asia's leading Multimedia News Agency.

Related Articles

Trending now

Accounting fraud, fake revenue and more: Who is Rajesh Mehta and why is his company Rajesh Exports under the scanner of SEBI

While Rajesh Exports came under SEBI scanner in 2024, many analysts and investors have been voicing suspicions about the extraordinarily high revenues, cash balances, and subsidiary opacity. Some even compared the story of Rajesh Exports to the Geetanjali Gems collapse, a major jewellery export scam.

‘First they offer namaz in a temple, then claim it was a mosque’: From Bulandshahr to Bhojshala, examining the Islamist pattern of encroaching Hindu...

From Bulandshahr’s Hanuman temple to Malihabad’s Kans Fort and Dhar’s Bhojshala, the Islamist practice of offering namaz at Hindu religious sites is often the first step in a larger pattern of encroachment, citing historical disputes, legal battles, and documented cases of temple occupation.
- Advertisement -