Austerity committee to place forth suggestions of cuts earlier than PM

Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar presided over the meeting of the Economic Coordination Committee (ECC) of the Cabinet. — APP/File
Federal Minister for Finance and Income, Senator Mohammad Ishaq Dar presided over the assembly of the Financial Coordination Committee (ECC) of the Cupboard. — APP/File
  • Dar chairs first assembly of committee shaped to supervise implementation of austerity measures.
  • No such notification issued by Cupboard Division regardless of instructions. 
  • Committee directs accounting officers to chop funds by 15%.

ISLAMABAD: Underneath the austerity drive declared by Prime Minister Shehbaz Sharif amid a monetary crunch, a monitoring committee for the implementation of measures is about to place ahead the suggestions earlier than the premier for the withdrawal of official vehicles under use by the heads of parliamentary committees, together with the Public Accounts and standing committees, The Information reported on Tuesday. 

The committee in its assembly additionally directed the Cupboard Division to subject a notification for the measures accredited by the federal cabinet, nonetheless, no such notification was promulgated.   

One federal minister within the huddle additionally recommended conducting the conferences of the Senate and Nationwide Meeting standing committees on-line through Zoom as substantial cash is spent to carry theme in particular person.

After an in depth dialogue, it was determined that the suggestions can be put ahead earlier than the premier for his approval.

The minister stated that the expenditure incurred on totally different heads/chairpersons of standing committees must also be withdrawn. 

An official assertion issued by the Ministry of Finance said that Finance Minister Senator Ishaq Dar chaired the primary assembly of the committee to supervise the implementation of austerity measures on the Finance Division on Monday.

Minister for Federal Schooling and Skilled Coaching Rana Tanveer Hussain, Minister for Nationwide Meals Safety and Analysis Tariq Bashir Cheema, Minister for Legislation and Justice Azam Nazeer Tarar, Advisor the PM on Kashmir Affairs and Gilgit- Baltistan Qamar Zaman Kaira, Particular Advisor to the Prime Minister (SAPM) on Finance Tariq Bajwa, federal secretaries and senior officers attended the assembly.

The assembly reviewed the implementation of the cupboard selections on austerity measures. The finance secretary gave a presentation. It was knowledgeable that ministries/divisions are already engaged on these measures and directions have been issued for fast compliance and reporting of any exemption and violation of the selections. 

The committee directed all principal accounting officers to implement a 15% lower of their present budgets. It was determined that the usage of teleconferences should be inspired for all conferences to save lots of time and expenditure. 

The committee conveyed that the choice to withdraw the usage of luxurious autos by the cupboard members and authorities officers be applied with no exemption in any case.

The finance minister, whereas highlighting the difficult financial scenario within the nation, burdened all of the involved to make sure and expedite the implementation of austerity measures with sincerity and devotion of their ranks with none exception.

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