Pakistan Launches Nationwide Austerity Drive Amid Rising Global Oil Prices
Islamabad, September 17, 2026(Kamran Raja): Prime Minister Muhammad Shehbaz Sharif has approved a nationwide austerity and energy conservation campaign in response to rising petroleum prices in the international market amid heightened tensions in the Middle East.The decision was taken during an important meeting chaired by the Prime Minister in Islamabad to review austerity measures, reduction in government expenditure, and energy conservation initiatives.“The increase in global oil prices is fueling inflation across the world,” the Prime Minister said, emphasizing that the government and the elite would lead by making sacrifices first.He said fuel subsidies for economically vulnerable and middle-income segments had already been initiated, with a subsidy of Rs100 per litre bein...









