Austerity measures: PM Shehbaz okays up to 30% salary deductions for SOE employees
Published on March 16, 2026
ISLAMABAD: Premier Shehbaz Sharif has approved salary deductions of 5% to 30% for employees of province-owned enterprises (SOEs) and autonomous
An illustrative image related to: Austerity measures: PM Shehbaz okays up to 30% salary deductions for SOE employees, highlighting key aspects of the story. | Image source: Geo News (Pakistan)
Austerity measures: PM Shehbaz okays up to 30% salary deductions for SOE employees
ISLAMABAD: Premier Shehbaz Sharif has approved salary deductions of 5% to 30% for employees of province-owned enterprises (SOEs) and autonomous institutions as part of an austerity drive to mitigate the fallout from the ongoing Middle East conflict.
According to an official official comment released by the PM Office, the premier chaired a senior session to evaluate the impact of energy price fluctuations and the carrying out of province austerity measures on Saturday.
The evaluate session was held days after PM Shehbaz announced the wide-ranging austerity and savings plans to pact with the prevailing global energy crisis triggered by the ongoing US-Israel-Iran dispute.
The participants were briefed that a third-faction audit will oversee a 50% reduction in energy allocations for province vehicles and the grounding of 60% of these vehicles over the next two months.
As per the official comment, the session also decided that province representatives on the boards of various corporations and institutions will not receive participation fees.
Source & Editorial Note
Curious Pakistan provides a concise, contextual summary of verified newsroom reports and official statements.
Disclaimer: This article contains an editorial summary of news reported by third-party publishers. Curious Pakistan does not claim original reporting; information is adapted only for clarity, context and readability
Contact Us For More Detail Or any Query
{"@context":"https://schema.org","@type":"NewsArticle","headline":"Austerity measures: PM Shehbaz okays up to 30% salary deductions for SOE employees","image":["https://images.weserv.nl/?url=www.geo.tv%2Fassets%2Fuploads%2Fupdates%2F2026-03-14%2Fl_655632_024656_updates.jpg&w=1200&h=675&fit=cover&output=webp"],"datePublished":"2026-03-16","dateModified":"2026-03-16","author":[{"@type":"Person","name":"Insight Desk","url":"https://www.curiouspakistan.com/p/author.html?label=Z-AI"}],"publisher":{"@type":"Organization","name":"Curious Pakistan","logo":{"@type":"ImageObject","url":"https://blogger.googleusercontent.com/img/a/AVvXsEgL5seAo-05Wvrnele_PZkLSSiSNLr4ljkDQfTwjQtHnEYu6fDfDqUR5HOnqcWoLe-O6JuW0ZNnc5mVBjQewHUJhKTLtHQ1ouwj3Ge5U_TrTQ0wQj-HnETxIONhcECufKT71ikUZV3-14RLOBldvj8Nu8KR8WQSMwKGdNaaa7FqmWYLC6tmDg8mVD2fqw=s725"}},"description":"ISLAMABAD: Premier Shehbaz Sharif has approved salary deductions of 5% to 30% for employees of province-owned enterprises (SOEs) and autonomous institutions as part of an austerity drive to mitigate the fallout from the ongoing Middle East conflict. According to an official official comment","articleBody":"ISLAMABAD: Premier Shehbaz Sharif has approved salary deductions of 5% to 30% for employees of province-owned enterprises (SOEs) and autonomous institutions as part of an austerity drive to mitigate the fallout from the ongoing Middle East conflict.\\n\\nAccording to an official official comment released by the PM Office, the premier chaired a senior session to evaluate the impact of energy price fluctuations and the carrying out of province austerity measures on Saturday.\\n\\nThe evaluate session was held days after PM Shehbaz announced the wide-ranging austerity and savings plans to pact with the prevailing global energy crisis triggered by the ongoing US-Israel-Iran dispute.\\n\\nThe participants were briefed that a third-faction audit will oversee a 50% reduction in energy allocations for province vehicles and the grounding of 60% of these vehicles over the next two months.\\n\\nAs per the official comment, the session also decided that province representatives on the boards of various corporations and institutions will not receive participation fees.","articleSection":"Pakistan News","keywords":["Breaking News","Pakistan News"]}
