Pakistan extends countrywide austerity drive after US, Iran fail to strike deal
- Posted on May 12, 2026
- By Business News Today
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- 1 min read
Pakistan extends countrywide austerity drive after US, Iran fail to strike deal
Pakistan Prime Minister Shehbaz Sharif has extended nationwide austerity measures until June 13 amid continuing uncertainty over the Iran conflict and fragile ceasefire in West Asia.