ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a seven-member committee to present a practical plan for reduction in government expenditures.
The committee, headed by deputy chairman Planning, includes secretary finance, secretary Cabinet Division, secretary Industries and Production Rashid Mahmood Langrial, Kaiser Bengali, Dr Farrukh Saleem and Muhammad Naveed Iftikhar.
With the approval of the prime minister, the Cabinet Division also issued a notification on the formation of the committee.
The committee would submit its report within one week for consideration and perusal of the premier. As per its Terms of Reference (ToRs), the committee would take stock of all reports commissioned so far, including report of the National Austerity Committee.
The committee would also look at all the progress made so far for downsizing and rightsizing of the federal government.
The committee would prepare a strategy and implementation plan for all remaining recommendations with timelines.
The committee has also been directed to give proposals with regard to Public Sector Development Programme, pension scheme, etc., that could be helpful in reducing government expenditures.
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