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Imran austerity measures point to bigger reforms

Imran austerity measures point to bigger reforms

Dubai: The first step by Pakistani Prime Minister Imran Khan to take austerity measures shortly after taking office is simply a big event as he hints at important economic and social reforms on his way into the country.
With his announcement, he has sent a strong message and a warning to the ‘spoiled’ bureaucracy to reduce its expenses, or face conquests.

Now officials will have to avoid the lavish lifestyle they have been enjoying at the expense of taxpayers’ money, which allows them to save millions of dollars each year.
Imran Khan has started well with his austerity campaign leading from the front after he refused to stay in the prime minister’s luxurious house and chose to stay in a three-room apartment.
Opposition: Imran’s austerity measures a publicity stunt

It drastically reduced the prime minister’s staff and the use of dozens of bulletproof vehicles.
Discontinued discretionary funds
His decision to abolish discretionary funds for politicians and bureaucrats will also alleviate the burden of the public treasury.
These are small steps, but they will definitely have a great impact on the economy and work culture in general in the country.

And, of course, the general public, especially its supporters, are very happy to see the end of the society’s VIP culture.
In Pakistan, top government officials are known for their lavish lifestyle, as they relentlessly used official vehicles for their children’s school or shopping trips for their wives, unnecessary trips abroad, huge travel allowances, lavish parties and live in huge houses.
This ends now when Imran Khan has promised to name and shame those who break the austerity code.
Debt plan
Although the measure of the new prime minister is widely welcomed, he will have to draw up a comprehensive plan to get the country out of huge debts.
The alarming fiscal deficit and the increasing reimbursements of the foreign debt are staring at him, since the new government may have to go to the IMF or the World Bank to obtain new loans to administer the country and pay the loan installments.
According to experts, Pakistan needs at least $ 8 billion over the next six months to cope with the balance of payments as the country’s external debt has crossed $ 91 billion.
As promised during his election campaign, Imran Khan should also convert massive buildings used by governors, ministers and ministers at any of the educational institutions to ensure the education of 25 million children who do not attend school in Pakistan.

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