00:04Pakistan's Prime Minister Shebaz Sharif has announced sweeping austerity measures as surging
00:10global oil prices threaten to destabilize the country's economy. Speaking on Monday,
00:15Sharif said schools would close for two weeks, while universities will shift to online classes
00:21to reduce commuting. The measures are aimed at cutting fuel consumption as Pakistan grapples
00:27with rising energy costs triggered by the ongoing war with Iran.
00:5750% staff will work from home, or work from home.
01:06We will open up only four days in a week.
01:13For the budget of oil, there is a small piece in the week, but this will not happen to the
01:23bank.
01:25The move has drawn mixed reactions from the public.
01:39We will open up the public.
01:46We will open up the public.
02:14Last week, Pakistan raised petrol and diesel prices by 55 rupees or RM 0.78 per litre,
02:23the largest increase on record after global oil prices surged due to the conflict.
02:30Pakistan imports most of its energy, making its economy highly sensitive to rising global fuel prices.
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