Government of Pakistan Announced Austerity Measures for Finance Year 2023-24

GOVERNMENT OF PAKISTAN
FINANCE DIVISION
(EXPENDITURE WING)

No.7(1) Exp.IV/2023-463

                                                                                     Islamabad, the 20^th February, 2024

SUBJECT:   AUSTERITY MEASURES FOR FINANCIAL YEAR 2023-24

The undersigned is directed to convey that to ensure prudent utilization of public money, the Prime Minister, in terms of Rule 15(1)(a) of the Rules of Business, 1973, has been pleased to approve the following Austerity Measures for Financial Year 2023-24 with immediate effect:-

1. There shall be a complete ban on purchase of machinery and equipment from current budget, except for medical machinery / equipment;
2. There shall be a complete ban on purchase of all vehicles except ambulances, buses for educational institutions, solid waste vehicles, tractors, fire fighting vehicles, motor bikes; and
3. There shall be ban on creation of new posts under PSDP / current budget during Financial Year 2023-24.

Section Officer (Exp-IV)