Prime Minister Shehbaz Sharif has approved the withdrawal of austerity measures introduced to conserve energy, while restrictions on business operating hours will remain in place. According to a notification issued by the Cabinet Division, fuel conservation measures implemented at the government le»»»

Prime Minister Shehbaz Sharif says that the government has made the utmost efforts to manage the ongoing economic turmoil via austerity measures. “It is a challenging situation,” the premier told a cabinet meeting, referring to rocketing oil prices and subsequent government price hikes. “But via au»»»

Pakistan will cut petrol prices by 80 rupees per litre to 378 rupees ($1.35), Prime Minister Shehbaz Sharif said late on Friday. The reduction will be funded through the government’s petroleum levy. The move comes just a day after it raised fuel prices by at least 43 percent, citing rising global o»»»