The sanction was imposed by Jeff Crowe of the Emirates ICC Elite Panel of Match Referees.
Under Article 2.22 of the ICC Code of Conduct for Players and Player Support Personnel, which deals with minimum over-rate offences, players are fined five per cent of their match fee for every over their side fails to bowl within the allotted time.
As per Article 16.11.2 of the World Test Championship playing conditions, teams lose one championship point for each over short, resulting in Pakistan being docked eight crucial points in the WTC standings.
Pakistan captain Shan Masood admitted the offence and accepted the proposed sanction, eliminating the need for a formal hearing.
The charge was levelled by on-field umpires Richard Kettleborough and Kumar Dharmasena, alongside third umpire Allahuddien Palekar and fourth umpire Gazi Sohel.