Sunday, October 6, 2024

Govt Bans Buying Vehicles, Availing Medical Treatment Abroad at State’s Expense

In an effort to reduce expenses, the federal government has introduced a “complete ban” on certain types of spending. According to a recent notification from the Finance Division, this ban includes the purchase of new vehicles, machinery, and state-funded medical treatments abroad.

This move comes at a time when the government is facing criticism for its strict federal budget and rising energy costs. These measures are part of the government’s strategy as it seeks a $7 billion economic bailout from the International Monetary Fund (IMF).

However, critics argue that the government has not done enough to control spending within the public sector, pointing out that cost-cutting measures may not be distributed fairly.In addition to this, the government has also announced further austerity and restructuring steps.

Last month, it revealed plans to dissolve regulatory bodies that oversee devolved sectors like health and education, reduce transportation services for all federal ministries and divisions, and eliminate non-executive staff at the Centre.

It also plans to merge the aviation and maritime divisions with the defense ministry as part of its broader restructuring plan. These actions aim to streamline operations and reduce government expenses in response to the financial pressures the country is facing.

Related Articles

Latest Articles