Pakistan orders sweeping austerity measures amid looming energy crunch
Business
With oil prices rising, Pakistan is enacting sweeping measures to help ease a looming energy crunch. The country's energy sector heavily depends on imported oil and LNG. Schools would close for two weeks or shift to online classes, while office workers will work from home. Meanwhile, Cabinet members, advisers and special assistants will voluntarily forgo their salaries for two months. Parliamentarians face a 25% pay cut and government spending will be reduced by 20%. Last week, the government
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