Constitution Of National Austerity Committee

No.7/ 1/ 2016-Exp-IV                                                                  

Islamabad, 19^th January, 2023

Subject:           CONSTITUTION OF NATIONAL AUSTERITY COMMITTEE

Keeping in view the financial challenges being faced by the country, to conserve resources and to take austerity measures for ensuring rational utilization of public money besides curtailing expenditure to reduce fiscal deficit, the Prime Minister has been pleased to constitute a National Austerity Committee w.e.f; 13.1.2023. The composition of the Committee is as under:

1. Mr.Nasir Mahmood Khosa (ex-Civil servant)       Convener
2. Minister of State for Finance                         Co-Convener
3. SAPM on Government Effectiveness                   Member
4. SAPM on Finance                                        Member
5. Adviser to PM on Establishment                               Member
6. Secretary, Cabinet Division                                     Member
7. Secretary, MiniStry of Finance                            Member
8. Secretary, Power Division                                       Member
9. Secretary, Ministry of Housing & Works               Member
10. Chairman, CDA                                                    Member
11. Chief Secretaries (Punjab, Sindh, KPK, Balochistan) Member
12. Dr. Kaiser Bengali, Economist                                     Member
13. Dr. Farrukh Saleem, Economist/Analyst                   Member
14. Dr. M. Zubair Khan, Economist/ Consultant             Member
15. Muhammad Naveed Iftikhar, Governance Specialist Member

2.                     The Committee may co-opt any person from public/private sector, if deemed necessary, for the purpose of this task.

3.                     The TORs of the Committee are as under:

1. To reduce public expenditure and ensure fiscal discipline.
2. To take measures to economize government operations.
3. To review and rationalize size of the government to achieve optimal and smart organizational structures including review of SOEs and corporations having redundant or overlapping functions.
4. To invite proposals from Ministries/Divisions regarding austerity measures including curtailment of expenditure.
5. Any other issue that is relevant or incidental to the achievement of austerity in government operations.

4.         The Committee shall submit its recommendations within 15 days for consideration of the Prime Minster. Finance Division will provide secretarial support to the Committee.

Deputy Secretary (Exp-CGA)