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The Business Standard

Tuesday
January 27, 2026

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TUESDAY, JANUARY 27, 2026

Austerity Measures

Austerity Measures

Austerity measures to continue in revised FY26 budget; car purchases, foreign trips to remain suspended

Austerity measures to continue in revised FY26 budget; car purchases, foreign trips to remain suspended

However, foreign travel may be permitted on an exceptional and limited basis with prior approval from the competent authority.

Argentine President Javier Milei gestures onstage during a rally to launch his party, La Libertad Avanza, nationally, in Buenos Aires, Argentina September 28, 2024. Photo: REUTERS/Matias Baglietto/File Photo

Argentina's Mr Market Javier Milei wants to make austerity great again

Cardiologist Enrique Stazzone looks on during an interview with Reuters at the Hospital de Clinicas, in Buenos Aires, Argentina October 25, 2024. Photo: REUTERS/Tomas Morriso

Argentine heart health faces 'perfect storm' amid Milei's austerity

First-class air travel at govt expense suspended

First-class air travel at govt expense suspended

Air travel in first class at govt expense suspended

Air travel in first class at govt expense suspended

Govt austerity in car purchases takes off Pragoti shine

Govt austerity in car purchases takes off Pragoti shine

Austerity saves govt Tk15,000 crore

Austerity saves govt Tk15,000 crore

Pakistan PM Shehbaz chairing a federal cabinet meeting on January 24, 2023. PID file

Pakistan ready to take back plots, cut salaries of govt employees

Representational photo: TBS

To cut costs, govt decides to take out non-essential dev project components

Banks’ chairmen, MDs can’t change cars before 8yrs: Central bank

Banks’ chairmen, MDs can’t change cars before 8yrs: Central bank

Students at secondary level to attend 7 classes a day 

Students at secondary level to attend 7 classes a day 

Janata Bank takes steps to reduce expenses

Janata Bank takes steps to reduce expenses

Represenatational image. Picture: Collected

No car purchase by banks in next one year

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