Pak economic crisis: 10% cut in govt employees' salary under consideration

Pakistan is considering different proposals, including slashing the salaries of government employees by 10 per cent across the board, according to a media report on Wednesday, amidst the looming economic crisis in the cash-strapped country.

Pakistan is grappling with one of the country's worst economic crises in recent years amid dwindling foreign exchange reserves.

The National Austerity Committee (NAC) constituted by Prime Minister Shehbaz Sharif is considering different measures, including cutting down the salaries of government employees by 10 per cent across the board, Geo News reported.

The NAC is also considering cutting down expenditures of ministries/divisions by 15 per cent, reducing the number of federal ministers, ministers of state, and advisers from 78 to 30 only while the remaining should work on a pro bono basis, the report said.

The recommendations would be finalised on Wednesday and the committee will send the report to prime minister Shehbaz.

The government is