Tag: Cars

[Times of India]Pakistan: ‘No luxury cars, no 5-star hotel stay’: Pak ministers to forgo pay, perks for IMF bailout – Times of India

[Times of India]Pakistan: ‘No luxury cars, no 5-star hotel stay’: Pak ministers to forgo pay, perks for IMF bailout – Times of India

NEW DELHI: Cash-strapped Pakistan is taking several drastic austerity measures to ensure compliance with conditions set by the International Monetary Fund (IMF) for a much-needed $1.1 billion bailout package.In order to stave off bankruptcy and debt default, the crisis-ridden country has already removed artificial caps on its currency resulting ...

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