In light of the growing economic crisis, it is alleged that the Pakistani government has ordered the accountant general to stop paying bills, including salaries.

The Pakistan Finance Ministry has ordered the Accountant General of Pakistan Revenues (AGPR) to block the wages of all federal government employees, including cabinet members, in light of the country’s deteriorating economic situation, according to a report in the local media.

According to a report on Saturday, the government ordered the AGPR to stop paying bills, including government employees’ salaries, as the country’s financial situation worsens. The associated department’s clearings have likewise been put on hold till further notice.

The report follows the declaration by Prime Minister Shehbaz Sharif that the government’s primary priority is enacting austerity measures. 

The premier added that the government “had tried its best to fulfil its job,” adding that “everyone, even the ministers, advisers, and bureaucrats, will have to be part of the austerity campaign.”

The measures aim to reduce inflation and economic crisis in the country. As per the report by Khawaja Asif, the defense minister, the government had already declared bankruptcy. The solution to the country’s issues lies within the country, not merely with the IMF.

Pakistan on Friday received a loan of USD 700 million from China to help cash strapped country. At the same time, it also sought to obtain guarantees from Saudi Arabia for additional financing as the government works to restart the international Monetary Fund program. 

 

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