Facing a balance of payment crisis, Pakistan aims to cut govt expenses by 15% in austerity drive with PM Shehbaz Sharif asking his ministers and advisors to fly economy, forgo luxury cars and their salaries to save the govt Rs. 200 bn [$766m] a year.

The belt-tightening measures come as Pakistan eyes staff-level agreement with the International Monetary Fund amid a worsening economic crisis.

But will Rs.200 bn be enough to save the country’s economy? Dr Kaiser Bengali, who is part of the committee, talks to Dawn News English.


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