Pakistan’s Prime Minister Shehbaz Sharif has ordered a two-week closure of schools and announced sweeping austerity measures as soaring global oil prices strain the country’s economy. Islamabad says the Iran war has sharply increased energy import costs for the import-dependent nation.
The government will cut fuel use across departments, move public offices to a four-day workweek and reduce staff presence to limit commuting and energy consumption. Officials also said fuel allowances for government vehicles would be reduced and many official vehicles taken off the roads.
Authorities warned that rising crude prices and disruptions to global energy flows could put further pressure on Pakistan’s economy, prompting emergency steps to conserve fuel and reduce public spending.
#pakistan #oilprices #energycrisis #iranwar #wion
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.
Subscribe to our channel at https://goo.gl/JfY3NI
Check out our website: http://www.wionews.com
Join our WhatsApp Channel: https://bit.ly/455YOQ0
Connect with us on our social media handles:
Facebook: https://www.facebook.com/WIONews
Twitter: https://twitter.com/WIONews
Instagram: https://www.instagram.com/wionews/
Follow us on Google News for the latest updates
Zee News:- https://bit.ly/2Ac5G60
Zee Business:- https://bit.ly/36vI2xa
DNA India:- https://bit.ly/2ZDuLRY
WION: https://bit.ly/3gnDb5J
Zee News Apps: https://bit.ly/ZeeNewsApps
