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Pakistan may reduce government employee salaries by 10% to combat the economic crisis

Pakistan will reduce government employee salaries by 10% to combat the economic crisis, according to a statement released today by Prime Minister Imran Khan. The cut will result in a total reduction of up to 6 percent across the board.

The government may reduce its payroll by 10% to help close the deficit and meet stipulated targets.

The government of Pakistan has decided to reduce the salaries of its civil servants by 10% to combat the economic crisis. The tit-for-tat action follows strained relations between neighbouring India and Pakistan and growing calls for Islamabad to implement a moratorium on executions.

Pakistan has already slashed government spending, allowing some ministries to shut down. Its latest move could save $1.3 billion and affect more than 13,000 workers by slashing their salaries by 10%. Pakistan’s finance minister says the move will help shore up the country’s finances and reduce its high debt burden.