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| Pakistan Budget 2024-25: Salaries Increases |
Islamabad: 28 May, 2024
Since start of May, 2024
different speculations about taxes, salaries increments and pension rules
amendments in Pakistan Budget 2024-25 are started.
Pakistan Muslim league led
Federal government is going to present Pakistan financial budget
2024-25 in first week of June 2024. In either case government is facing a
lot of pressure from International Monetary Fund (IMF) and general public.
International Monetary Fund
(IMF) Role and Pakistan financial budget 2024-25:
International Monetary Fund (IMF)
wants to impose more taxes in terms of electricity and gas bills rise for
moving ahead and approval of loans, on the other hand people effected by high
inflation rate are expecting and demanding relief from government in
coming Pakistan financial budget 2024-25.
Pakistan People’s Party
(PPP) Role and Pakistan financial budget 2024-25:
Pakistan People’s Party (PPP) the
second highest majority government align also demanding to provide relief to
the public. In a recent meeting with Prime Minister Mian Muhammad Shehbaz
shareef led by senior Pakistan People’s Party (PPP) member and Ex-prime
Minister Raja Pervaiz Ashraf along with other senior Pakistan People’s Party
(PPP) members including Naveed Qamar, Murad Ali Shah, and Sheri Rehman
discussed Pakistan financial budget 2024-25 and suggested proposals to relief
public in coming budget the main and most important proposal was the increase
in salaries and pension from 20% to 25%.
Pakistan Federal Government
Employees Association:
Before that president on Pakistan
federal government employes association Mr. Bajwa also sent his proposal for
the upcoming budget in writing to the Minister of Finance. In which he
suggested increase in salary 35% for scale 1 to scale 16 and 30% for scale 17
and above further he suggested 25% increase in pension and many others.
Secretary of Finance in his
recent interview to newspapers, he presented government point of view and
highlighted some important points under discussion and consideration for
upcoming Pakistan financial budget 2024-25.
The following are the main
points:
· They are may be an
increase in salaries from 15% to 25%.
· They are maybe increase in
Pension up to 15%.
As time goes on speculation
regarding budget are increasing everyone presents their own proposals and
suggestions but ultimately the government has to decide what they are going to
be done so everyone is in wait of coming national’s assembly budgetary session
and finance minister budget speech 2024-25.
