Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Rightsizing on IMF orders: Govt eliminates 40,000 jobs

byCT Report
17/06/2025
in Breaking News, Business, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: The federal government has accelerated the rightsizing of government institutions in line with the International Monetary Fund’s (IMF) directives, permanently eliminating around 40,000 vacant posts across the country and placing a complete ban on temporary or ad hoc recruitments in all departments.

According to official documents from the Ministry of Finance, this large-scale downsizing is part of a broader reform agenda to reduce government spending, enhance institutional efficiency, and minimize state intervention in various sectors.

You might also like

LPG prices may drop by Rs30-40 as Iranian supplies resume

23/10/2026

Bangladesh envoy sees billions in untapped Pakistan trade potential

23/10/2026

The federal cabinet has so far approved rightsizing plans in 10 key ministries, where implementation is being carried out in phases. These ministries include Inter-Provincial Coordination, National Food Security, Science and Technology, Human Rights, Information, Planning, Energy, Education, and Minority Affairs.

As part of the restructuring, six divisions have been merged into three, and processes of reorganization, mergers, or privatization are underway in dozens of institutions. So far, 45 government institutions and companies are in the pipeline for privatization, while several others are being prepared for transfer to provincial governments.

The Ministry of Finance stated that the rightsizing drive is not only about cutting down the number of posts but also about restructuring and modernizing government institutions to improve the quality of resources and overall performance.

In addition to the ministries already affected, recommendations for rightsizing in 10 more ministries have been finalized, while proposals for eight additional ministries are currently under review.

Related Stories

LPG prices may drop by Rs30-40 as Iranian supplies resume

byCT Report
23/10/2026

KARACHI: Liquefied petroleum gas (LPG) prices in Pakistan could fall by up to Rs30 to 40 per kilogram within the...

Bangladesh envoy sees billions in untapped Pakistan trade potential

byCT Report
23/10/2026

LAHORE: The High Commissioner of Bangladesh Md Iqbal Hussain Khan has said that there was considerable potential to expand trade...

Pakistan plans direct flights between Karachi and Maldives to boost trade

byCT Report
23/10/2026

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the relevant authorities to launch direct flights between Karachi and the Maldives as...

Exporters pin hopes on prime minister’s intervention as cost pressures mount

byCT Report
23/10/2026

LAHORE: Pakistan's exporters are looking to the prime minister for relief from a tangle of energy levies, taxes and regulatory...

Next Post

Govt limits FBR’s arrest powers after public, businessmen concerns

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.