Cash-strapped Pakistan government Wednesday put on auction 49 more vehicles, including 19 bullet proof cars, as Prime Minister Imran Khan grappled with a major debt crisis.
The government, which has approached the International Monetary Fund (IMF) for a financial bailout, sold 61 vehicles during the first auction held one month ago.
It also auctioned eight buffaloes kept at the Prime Minister House and raised more than Rs 2.3 million. The buffaloes were kept by former prime minister Nawaz Sharif.
The highest bid for a buffalo was Rs 385,000 and three of the cattle were bought by supporters of Sharif's Pakistan Muslim League-Nawaz party.
Another 49 vehicles of Prime Minister's house will be auctioned on Wednesday as part of austerity drive, Radio Pakistan reported.
The vehicles up for sale also include 19 bullet proof cars, it said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
