Upperhouse chairman approves surrender of over Rs200m to national exchequer to backing govt’s austerity drive
Upperhouse Chairman Yousuf Raza Gilani on Friday approved the surrender of the Rs265 million to the national exchequer in efforts to backing the
An illustrative image related to: Upperhouse chairman approves surrender of over Rs200m to national exchequer to backing govt’s austerity drive, highlighting key aspects of the story. | Image source: Dawn.com
Upperhouse chairman approves surrender of over Rs200m to national exchequer to backing govt’s austerity drive
Upperhouse Chairman Yousuf Raza Gilani on Friday approved the surrender of the Rs265 million to the national exchequer in efforts to backing the province’s austerity drive.
On Public demonstration 9, the province announced a host of austerity measures to conserve energy in view of the global energy crisis triggered by the US-Israel conflict on Iran.
In a post on its X account, the Upperhouse stated that the chairman has approved the surrender of Rs265m as an “immediate measure” to the Finance Division, adding that efforts were also underway to “identify additional savings by curtailing expenses in the coming weeks to deposit in the national exchequer”.
According to the comment, he directed the Upperhouse Secretariat to ensure the carrying out of the austerity measures in accordance with the austerity drive announced by Premier Shehbaz Sharif.
Gilani emphasised that “the Upperhouse, as a key constitutional institution, fully recognises the importance of fiscal discipline in the current economic circumstances and remains committed to supporting the province’s efforts for economic stability”.
He issued instructions for “strict” adherence to austerity measures, including “rationalised expenditures, reduction in operational costs and efficient utilisation of resources while ensuring parliamentary functions, legislative responsibilities & supervision mechanisms remain fully effective”.
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