15-30% increase in salaries and pensions on cards

QUETTA (6 AM Report): The Finance Division has proposed a 40% increase in salaries for government employees through a summary submitted to the Prime Minister, it is learnt here on Wednesday.

However, the PM Shehbaz Sharif has requested the Cabinet to be cautious about the impact of rising prices on the public and the increased expenditures on salaries and pensions of the middle class. The PM has called for consultations on raising salaries and pensions by 15-30% in the upcoming budget. If a higher increase is not feasible, the government will consider increasing them by at least 50% less than the inflation rate.

The Finance Division has recommended a 40% increase in salaries for government employees. The current assemblies are set to end in mid-August 2023, so the government will make every effort to include the proposed 15-30% increase in salaries and pensions for the public and military and civil servants in the upcoming federal budget. A bill will be presented in the National Assembly to approve these recommendations.

The government is cautious about the impact of inflation on the public and the increased expenditure on salaries and pensions of the middle class. The consultations with relevant stakeholders will help to make a well-informed decision. The PM has emphasized that the government will strive to provide relief to the people, especially those in the middle class. The proposed increases in salaries and pensions will aim to alleviate the burden of rising prices and inflation on government employees and the general public.

This decision will have a significant impact on the overall economy and the lives of government employees and their families. It remains to be seen how the consultations and final decision-making process will unfold, and whether the proposed increases will be implemented in the upcoming budget.