pakistan economic crisis About 1 lakh 50 thousand jobs were cut down by Shahbaz Sharif govt after due to IMF policy

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Pakistan Job News: At present the economic condition of neighboring country Pakistan is very bad. The country is going through a period of poverty. Meanwhile, such a news has come out, knowing about which people are going to be shocked. Let us tell you that soon 150,000 government posts are being abolished in Pakistan. For this, the government is going to close 6 ministries and merge 2 with each other. The people of the country were already going through financial crunch. After that, for the youth looking for jobs, this announcement is going to increase their problems.

Last Sunday (September 29), Pakistani Finance Minister Mohammad Aurangzeb announced the reduction of government jobs. He told that this is being done because of the loan deal of 7 billion US dollars received from IMF. Let us tell you that on September 26, IMF had approved an aid package of 7 billion dollars for Pakistan. During this period, IMF has released 1 billion dollars as the first installment of loan to Pakistan.

Pakistan government gave assurance to the people
The Government of Pakistan has promised the public many reforms in exchange for the loan. Such as announcement of reduction in expenditure, reduction of taxes in areas like agriculture and real estate. On this, Finance Minister Mohammad Aurangzeb says that we need to implement policies. Regarding tax, he said that last year 3 lakh people had paid tax. This time 7.32 lakh new people have joined this list.

He further said that those who do not pay taxes will face difficulty in buying property or vehicles. However, despite the deteriorating situation in Pakistan, he expressed confidence that the country’s economy is improving. Work is being done in the right direction.

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