Minister for Defence Khawaja Muhammad Asif on Thursday said the nation, especially the traders’ community, should adopt austerity measures as a cultural norm to reduce wastage of fuel and electricity amid soaring economic challenges. However, at the national level neither the previous governments nor the societal factions adopted austerity to control unnecessary expenses”, he added. The Minister beseeched the masses to adopt austerity as it was the only solution at the moment amid limited available resources. He assured the media that under the leadership of Prime Minister Shehbaz Sharif the coalition government was taking the responsibility to reduce inflation and impacts of the economic issues. The Defence Minister pointed out that if Ukraine-Russia war ended then the fuel prices would nose down and which would benefit our economy.

Source: The Nation June 16, 2022 15:47 UTC