• About
  • Advertise
  • Privacy & Policy
  • Contact
Advertisement
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC
No Result
View All Result
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC
No Result
View All Result
No Result
View All Result
Home Business

Finance minister announces abolition of 150,000 vacant posts, rightsizing of 43 ministries by June

by Sub News
January 7, 2025
Finance minister announces abolition of 150,000 vacant posts, rightsizing of 43 ministries by June
Share on WhatAppShare on XShare on Facebook

Islamabad, January 7, 2025: Finance Minister Muhammad Aurangzeb on Tuesday announced that the government will complete the rightsizing of 43 ministries and over 400 attached departments by June 30, aiming to cut expenditures and enhance government efficiency.

Speaking at a press conference to present the six-month progress of the High-Powered Committee on Rightsizing, Aurangzeb stated, “We have planned to rightsize five or six departments in each phase, with a goal of reducing 80 institutions by half.”

Accompanied by Bilal Azhar Kayani, Convener of the National Parliamentary Taskforce on Sustainable Development Goals (SDGs), and Dr. Salman Ahmad, Ambassador-at-Large and head of the Implementation Committee, the finance minister shared key updates on the initiative.

Aurangzeb revealed that the government has abolished or declared as dying posts 60% of vacant regular positions—approximately 150,000 posts—that had not been included in payrolls. “These measures will have a tangible financial impact and have been undertaken with the federal cabinet’s ratification,” he added.

The committee has also decided to outsource non-core services such as cleaning, plumbing, and gardening to improve efficiency, while contingency posts are also being downsized.

Commenting on the broader economic outlook, Aurangzeb said that while the first half of the fiscal year was dedicated to achieving macroeconomic stability, the focus has now shifted towards ensuring sustainable growth. He underscored that previous attempts to reduce the size of the federal government had been insufficient, and this time the goal is to cut down the federal government’s annual expenditure of PKR 900 billion.

“The purpose of rightsizing is not just to reduce costs but to enhance the performance of government institutions,” he emphasized.

Additionally, Aurangzeb highlighted a key decision to enable the finance ministry to monitor live cash balances of all government entities. “It is unacceptable that while the government is borrowing on one side, some departments are sitting on idle cash balances. This reform will improve financial oversight and resource allocation.”

Under the first phase of rightsizing, six ministries were processed, including Ministry of Kashmir Affairs and Gilgit-Baltistan, Ministry of States and Frontier Regions (SAFRON), Ministry of Information Technology and Telecom, Ministry of Industries and Production, Ministry of National Health Services, Regulations, and Coordination and Capital Development Authority (CDA)

Aurangzeb added that the committee has decided to merge the Ministries of Kashmir Affairs and Gilgit-Baltistan with SAFRON, while the Capital Development Authority (CDA) has been abolished.

The rightsizing initiative, which focuses on structural reforms and improving service delivery, is expected to continue in phased waves, with significant reductions in non-essential roles and departments. “This is a people-centric reform aimed at making the government leaner, more responsive, and performance-driven,” the finance minister concluded.

Tags: Bilal Azhar KayaniFederal Minister for Finance and RevenueHigh-Powered Committee on RightsizingIslamabadMuhammad AurangzebNational Parliamentary Taskforce on Sustainable Development GoalsPakistanSDGs
Previous Post

Tauqir Shah’s appointment linked to PPP’s concerns over Ahad Cheema- senior journalist Kashif Rafique

Next Post

HBL PSL 10: foreign players’ categories announced

Related Posts

Prime Minister orders finalization of Electric Vehicles Policy 2025
Economy

Prime Minister orders finalization of Electric Vehicles Policy 2025

Lahore, June 14, 2025: Prime Minister Muhammad Shehbaz Sharif has directed the early finalization of the Electric Vehicles (EV) Policy...

by Sub News
June 14, 2025
India fails to push Pakistan back onto FATF grey list amid strong international opposition
Diplomatic

India fails to push Pakistan back onto FATF grey list amid strong international opposition

Strasbourg, June 14, 2025: India faced a diplomatic setback in its efforts to have Pakistan re-listed on the Financial Action...

by Sub News
June 14, 2025
Parliament unanimously condemns Israeli strikes on Iran
Pakistan

Parliament unanimously condemns Israeli strikes on Iran

Islamabad, June 13, 2025: In a strong display of unity, both the Senate and National Assembly of Pakistan unanimously passed...

by Sub News
June 13, 2025
KP unveils Rs2,119 billion Budget for FY2025-26, focus on development and fiscal responsibility
Economy

KP unveils Rs2,119 billion Budget for FY2025-26, focus on development and fiscal responsibility

Peshawar, June 13, 2025: The Khyber Pakhtunkhwa (KP) government on Friday presented a Rs2,119 billion Budget for the fiscal year...

by Sub News
June 13, 2025
Next Post
HBL PSL 10: foreign players' categories announced

HBL PSL 10: foreign players' categories announced

Breaking News

  • ICC approves major revisions to ODI ball rule and concussion substitutes across formats
  • Anderson-Tendulkar Trophy launch postponed out of respect for Air India crash victims
  • Bavuma silences critics after leading South Africa to historic WTC triumph
  • Babar, Rizwan among first batch for PCB Skills Development Camp
  • Pakistan stands with Iran amid escalating regional tensions over Israeli strikes
Sub News

© 2025 SubNewsEnglish.com

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC

© 2025 SubNewsEnglish.com

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?