Prime Minister Shehbaz Sharif says that the government has made the utmost efforts to manage the ongoing economic turmoil via austerity measures.

“It is a challenging situation,” the premier told a cabinet meeting, referring to rocketing oil prices and subsequent government price hikes. “But via austerity measures … we have made the best of efforts to fully manage the situation.”

He congratulated Petroleum Minister Ali Pervaiz Malik and his whole team for their efforts in this regard, as a result of which there were “no lines here (outside petrol stations), no rationing” as in other countries.

“I feel that a satisfactory situation is underway,” he said.

Opinion

Editorial

Budget presser
Updated 14 Jun, 2026

Budget presser

If the FBR falters, the government will find itself in hot water sooner rather than later.
Muharram precautions
14 Jun, 2026

Muharram precautions

WITH Muharram due to start next week, the authorities have already begun annual exercises to ensure that the ...
Blood bequests
14 Jun, 2026

Blood bequests

WORLD Blood Donor Day offers a moment of “gratitude, advocacy and renewed commitment” for thalassaemia patients...
Sustainable path?
Updated 13 Jun, 2026

Sustainable path?

The FY27 budget is the first clear signal that the government is ready to transition from stabilisation to growth.
Prioritising education
13 Jun, 2026

Prioritising education

THOUGH the improvement in the country’s literacy rate may be slight, as highlighted by the Economic Survey, it ...
Poverty’s rise
13 Jun, 2026

Poverty’s rise

AS attention turns to the government’s plans for the coming fiscal year, one set of figures deserves particular...