Senate returns Rs1.43bn to exchequer, beats austerity target by 500pc
ISLAMABAD: The Senate has surrendered Rs1.436 billion to the national exchequer after a year-long austerity drive , exceeding the Finance Division’s target by 500 per cent and setting what officials called a new benchmark for fiscal discipline. The amount makes up 15.9pc of the upper house’s total budget for 2025-26, according to a statement issued by the Senate Secretariat on Monday. Senate Chairman Syed Yousaf Raza Gilani ordered the expenditure rationalisation programme wi
The Pakistani Senate has returned Rs1.43 billion to the national treasury, significantly surpassing its initial austerity goal by 500 percent. This achievement represents nearly 16 percent of the upper house's total budget for the fiscal year. To reach these savings, Chairman Syed Yousaf Raza Gilani implemented strict financial oversight, which included halting nearly all planned procurement projects and suspending non-essential foreign travel. Operational expenses were further reduced by grounding the official vehicle fleet, capping fuel usage, and transitioning committee meetings to digital platforms. Officials emphasized that these are realized savings rather than deferred costs, reflecting a broader commitment to fiscal discipline. Similar efforts were reported by the National Assembly, which successfully saved Rs4.5 billion through comparable modernization and right-sizing initiatives.
The move highlights a significant shift toward fiscal responsibility within Pakistan's legislative bodies, aimed at restoring public trust during a period of national economic challenge.
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