Federal govt constitutes National Austerity Committee.

ISLAMABAD -- The federal government has constituted a National Austerity Committee to conserve resources and to take austerity measures for ensuring rational utilisation of public money besides curtailing expenditure to reduce fiscal deficit.

'Keeping in view the financial challenges being faced by the country, to conserve resources and to take austerity measures for ensuring rational utilisation of public money besides curtailing expenditure to reduce fiscal deficit, the Prime Minister is pleased to constitute a National Austerity Committee w.e.f; 13.1.2023,' said a notification of ministry of finance.

The composition of the committee is as Nasir Mahmood Khosa (ex-Civil servant) convener, Minister of State for Finance co-convener and other members of the committee are SAPM on Government Effectiveness, SAPM on Finance, Adviser to PM on Establishment, Secretary, Cabinet Division, Secretary, Ministry of Finance, Secretary, Power Division, Secretary, Ministry of Housing and Works, Chairman, CDA, Chief Secretaries (Punjab, Sindh, KP, Balochistan), Dr Kaiser Bengali, economist, Dr. Farrukh Saleem...