The federal government has decided to shut down utility stores across Pakistan due to severe financial constraints, Industry and Production Ministry Secretary Saif Anjum informed the Senate Standing Committee.
In his briefing, Anjum outlined the proposals presented to the panel by the rightsizing committee, which include closing utility stores and other entities as part of broader efforts to reduce government expenses.
Sources revealed that the government’s decision stems from a lack of funds to continue operating these stores. The cabinet secretary will first approve the closure plan, which will then be submitted to the cabinet for final approval. Once sanctioned, a timeline will be established for the phased closure of utility stores nationwide.
This move is part of the government’s broader strategy to cut costs and address its financial challenges. Other entities may also face closure under the rightsizing committee’s proposals, pending cabinet approval.
