ISLAMABAD: Pakistan Finance Minister Muhammad Aurangzeb on Tuesday announced that the federal government has decided to cut 1.5 million jobs and halve the number of affiliated agencies as part of a cost-cutting and efficiency drive.
Aurangzeb said that we will gradually reduce the size of the federal government. In which 80 departments will be consolidated into 40 departments, the target is to complete this work by June 2025. He said that 60 percent vacancies have been canceled which is equivalent to 150000 jobs.
He said the operation was launched by a committee chaired by Prime Minister Shahbaz Sharif in mid-2024 to control spending and improve performance. The Finance Minister said that the committee had to work on 43 ministries and their agencies, the annual expenditure of this department is Rs 900 billion.
Muhammad Aurangzeb said the six ministries initially chosen by the government to be right-sized include Kashmir Affairs and Gilgit-Baltistan, States and Frontier Areas (KISAR), IT and Telecommunications, Industries and Reproduction, National Health Service and Capital Development Authority. .
He said the ministries of Kashmir Affairs, Gilgit-Baltistan and Kesar are being merged while CAD is being abolished.