During a recent cabinet meeting led by Prime Minister Shehbaz Sharif, a significant decision was made by him and members of the federal cabinet to voluntarily waive their salaries and perks. This move reflects the government’s commitment to promoting austerity measures and responsible financial management. The decision was taken alongside discussions on various agenda items, including a briefing on the Staff Level Agreement with the International Monetary Fund (IMF) and the establishment of the PIA Holding Company, as outlined in a press release from the PM Office. Federal Finance Minister Muhammad Aurangzeb provided a comprehensive briefing to the cabinet members regarding the Staff Level Agreement with the IMF, stressing its potential to positively impact the national economy and bolster investor confidence. This demonstration of financial restraint and dedication to fiscal responsibility by the prime minister and his cabinet sets a commendable example for governmental officials and underscores their commitment to addressing economic challenges effectively.