Fly economy: Pakistan’s belt-tightening begins in high places

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Pakistan is trying to reduce its budget deficit and debt levels in order to avoid a debt default. The government has announced a series of austerity measures, including a ban on luxury items and flights in business class. The measures will cost the government $764 million. The government is also raising taxes and energy prices.

from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/1HsK2BS
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