Maharashtra Governor Koshyari announces austerity measures to cut expenses

May 28, 2020

Mumbai (Maharashtra) [India], May 28 : The Governor of Maharashtra Bhagat Singh Koshyari today announced a series of austerity measures to reduce the expenses...

Mukesh Ambani to forgo salary amidst other austerity measures at RIL

Apr 30, 2020

Mumbai (Maharashtra) [India], April 30 : Reliance Industries Limited (RIL) Chairman and Managing Director Mukesh Ambani has decided to forego his salary as a...

Pak PM Shehbaz asks Foreign Office to cut expenses under austerity measures

Feb 22, 2023

Shehbaz Sharif has issued instructions to the Ministry of Foreign Affairs to slash down a number of foreign missions abroad and reduce their offices,...

Argentina: President Javier Milei asks nation to brace for "painful economic shock"

Dec 11, 2023

Newly elected Argentina President Javier Milei warned his country's people to prepare for "painful austerity measures" as he seeks to turn around decades of...

Pakistan faced worst economic crises in 2023: Human Rights Watch

Jan 20, 2024

Human Rights Watch observed that the insistence of the International Monetary Fund (IMF) on austerity and the removal of subsidies without adequate compensatory measures...

Energy crunch amid West Asia conflict forces Bangladesh Govt to cut work hours, close shops early

Apr 03, 2026

The Bangladesh Government announced a series of austerity measures in response to the ongoing energy crisis, worsened by the conflict in West Asia, which...