Austerity Measures for Financial Year 2023-24 – Federal dt 20.02.2024
OFFICE MEMORANDUM
Subject: Austerity Measures
The undersigned is directed to convey that to ensure prudent utilization of public money, the Prime Minister, in terms of Rule 15(1)(a) of the Rules of Business, 1973, has been pleased to approve the following Austerity Measures for Financial Year 2023-24 with immediate effect:-
- There shall be a complete ban on purchase of machinery and equipment from current budget, except for medical machinery / equipment;
- There shall be a complete ban on purchase of all vehicles except ambulances, buses for educational institutions, solid waste vehicles, tractors, fire fighting vehicles, motor bikes; and
- There shall be a ban on creation of new posts under PSDP / current budget during Financial Year 2023-24.
