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Approval of 30 to 35 percent ad hoc increase in salaries and pensions of government employees

Approval of 30 to 35 percent ad hoc increase in salaries and pensions of government employees

The federal cabinet has approved a 30 percent ad hoc increase in the salaries and pensions of government employees, 35 percent for employees from grade 1 to 16, and 30 percent for employees above grade 17. It has also been decided. According to Geo News, the federal budget will be presented in the National Assembly in some time.

Approval of 30 to 35 percent ad hoc increase in salaries and pensions of government employees

Under the proposals related to the main points and goals of the federal budget, the federal cabinet has approved the federal development program of 1150 billion rupees, the development budget is 30% more than the current year. After a 4 percent increase, a total development budget of 2500 billion has been kept. The total volume of the federal budget for the next financial year is 14 thousand 460 billion rupees. The volume of tax revenues in the budget is 9200 billion rupees. The budget deficit will be 7573 billion rupees. P will be negative at 6.1%.

In the budget, defense is 1804 billion, 430 billion for BISP, the proposed development budget of Sindh is 617 billion rupees after a 40 percent increase, the interim budget of Punjab Khyber Pakhtunkhwa is for 4 months, Punjab 426 billion, Khyber Pakhtunkhwa 268 billion, Balochistan 248 billion is proposed. 5 thousand 276 billion rupees will be transferred to the provinces. It has been approved to allocate 491.3 billion rupees for infrastructure, 86.4 billion rupees for the energy sector, 35 crore development budget proposal of the Ministry of Communication, and 263.6 billion rupees for the transport and communication sector.

The development budget of the Ministry of Defense is proposed to be 2 billion 80 crore rupees, and the proposal of 3 billion 22 crore rupees for the development projects of the Ministry of Finance. Similarly, the proposal to keep 99.8 billion rupees for water reservoirs and the water sector, to spend 200 billion rupees under public-private partnership in the budget. the proposal, approval of allocation of 41.5 billion rupees for the physical planning and construction sector, 5 billion 40 crore rupees for the development budget of the aviation division, for the health sector 22.8 billion, 81.9 billion rupees for the education and higher education sector, 1 billion 11 billion rupees for the Board of Investment have been proposed.

It is proposed to keep 4 billion 5 crore rupees for the climate change division. In the budget, 60.9 billion rupees have been approved for special areas of Azad Kashmir and Gilgit-Baltistan.

https://www.dmtn1.com/2023/06/approval-of-30-to-35-percent-ad-hoc.html

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