Monday, October 26, 2026 · Petrol Rs 377.71 · USD/PKR 277.05 · Gold Rs 424536/tola
Breaking
Asif Khaliq drives blue-eyed Chaiwala Arshad Khan’s London success Munir and Naqvi Join Makkah Pact Talks in Tehran Iran Says the Border Is Open as Pakistan Ships LPG by Sea Six Militants and Two Soldiers Killed in DI Khan Imran Khan’s Sisters Held for Another 30 Days Rights Commission Calls for the KP Emergency to End Makkah Pact Officials Head to Tehran for Security Talks Riyadh Airport Partly Reopens Two Weeks After Attack Indian Duty-Free Access Threatens Pakistan’s Textile Edge Peshawar Begins Polio Drive for 1.11 Million Children KSE-100 Loses 4,045 Points Over the Week Task Force Asks Industry for Export Proposals PTI Weighs Talks Against Protest Over KP Seven of One Family Killed in Murree Road Accident Mir Raza’s Father Asks for a JIT Member to Be Replaced Pakistan Rejects a $490m Loan as Too Expensive Minister Seeks Loan Rescheduling as Rates Bite at 25pc 31,000 Consumers Denied the Petrol Subsidy Portal Glitch Blocks Returning Pakistanis From Filing LPG Cargoes Down to Two as Senate Presses on Winter Fuel
Business

Government employees are unlikely to receive pay, increase retirement in the next budget

Government employees are unlikely to receive pay, increase retirement in the next budget

Finance Minister Muhammad Aurangzeb speaks during a National Assembly meeting in Islamabad on March 17, 2025. - Screngrab/@Naofpakistan
Finance Minister Muhammad Aurangzeb speaks during a National Assembly meeting in Islamabad on March 17, 2025. – Screngrab/@Naofpakistan
  • The Minister of Finance excludes the increase in pensions.
  • No revision is scheduled for pay scales, benefits.
  • Lease, housing demonstration limits under consideration.

Islamabad: In an unexpected move, Finance Minister Muhammad Aurangzeb on Monday confirmed that there was no case to increase the wages and pensions of federal government officials in the following financial year.

In a written response to the National Assembly, the Minister of Finance said: “There is also no plan to revise the performance of employees or payment scales”.

However, he noted that the government is considering the ceiling and the limits for hiring and housing benefits.

Aurangzeb made the observations while answering a question by Mna Malik Mohamad Aamir Dogar.

In addition, the Ministry of Commerce has presented details of the trade deficit for the last five years at the National Assembly. According to official documents, Pakistan recorded a $ 154 billion trade deficit between 2019 and 2024.

During this time, the country’s exports amounted to $ 136 billion, while imports amounted to $ 291 billion. The document attributed the increase in imports mainly to economic growth.

The annual trade deficit rates show that Pakistan’s deficit amounted to $ 23.16 billion during the financial year 2020, increasing $ 31.08 billion in $ 2021 and amounting to $ 48.35 billion in 2022.

The deficit then dropped to $ 27.47 billion in 2023 and further to $ 24.11 billion in 2024.

In addition, the financial year 2025 increased 60% on imports of solar collectors, transformers and power transmission equipment. Total import equipment imports reached $ 319 million.

Meanwhile, imports of industrial machinery increased by 20%, 40%textile machinery and 58%car components.

The development came a month after a large number of government officials across the country, organized a protest outside Parliament, demanding increased salaries, retirement protection and the termination of privatization of government institutions.

The protesters, with the banner of Grand Alliance of government officials (AGEGA), urged the government to take immediate action to tackle their financial difficulties in the midst of heaven inflation.

Last year, the government announced up to a 25% increase in government employees’ wages in the budget for the financial year 2024-25.

He had also announced to increase the minimum wages from existing RS32,000 to Rs 36,000 per month.



a href=”https://www.geo.tv/latest/595807-govt-employees-unlikely-to-get-pay-pension-raise-in-next-budget”>Source link

Hamza Azhar SalamEditor — Hamza Azhar Salam · Write to us with suggestions or tips
Powered by: Frontpage.dev
WP Twitter Auto Publish Powered By : XYZScripts.com