The government has introduced sweeping austerity measures, including a 30% cut in fuel use for official vehicles and suspension of interest-free car loans for public officials, to rein in expenditure.
A notification issued by the Cabinet Division said the measures will remain in force until further notice. The decision was taken at a Cabinet meeting chaired by Prime Minister Tarique Rahman on April 2.
The government has also suspended foreign training programs and reduced domestic training and hospitality costs by 50%, seminar expenses by 20%, and travel expenses by 30%.
Additionally, energy use in government offices will be cut by 30%, while purchases of vehicles, vessels, aircraft and computers have been halted. Land acquisition has also been temporarily suspended.
The move is aimed at tightening fiscal discipline amid growing economic pressure.
