Pakistan plans to cut 150,000 government jobs, close six ministries, and merge two others as part of IMF reforms linked to a USD 7 billion loan.

Pakistan has announced plans to cut government spending by eliminating 150,000 positions, closing six ministries, and merging two others.

Islamabad, In an effort to minimise administrative expenditures, cash-strapped Pakistan on Sunday announced to abolish about 150,000 government posts,.

SRINAGAR: Defence Minister Rajnath Singh on Sunday said that India could have given a larger bailout package to Pakistan than what it is begging from the IMF, had Islamabad maintained friendly relations with New Delhi.

Aurangzeb also said that the non-filers category will be abolished and those not paying taxes will no longer be able to purchase property or vehicles.

Pakistan is set to reduce administrative expenditures by cutting 150,000 government jobs and closing six ministries as part of an IMF-backed $7 billion loan deal. Finance Minister Muhammad Aurangzeb stressed the importance of implementing policies to formalize the economy and increase tax revenues,

Cash-strapped Pakistan announced that in efforts to reduce administrative expenditures, the country has cut nearly 1.5 lakh government jobs, closed six ministries, and merged two others to secure a $7 billion loan deal from the International Monetary Fund (IMF),

Pakistan announces cuts to 150,000 government jobs and closes six ministries as part of IMF reforms under a $7 billion loan agreement to stabilize the economy.

Pakistan cuts government spending, closes ministries, and merges others as part of IMF reforms, aiming to achieve fiscal stability and avoid future loans.

Pakistan announces major reforms, including job cuts and ministry closures, as part of a USD 7 billion IMF loan agreement. The move aims to address the country's economic crisis and secure the IMF's financial assistance.