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Articles for tag: Circular debt, Discos, Ministry of Finance, pensions, Power Sector, public debt, SOEs

October 16, 2025

News Desk

French PM survives no-confidence vote after granting pensions

French Prime Minister Sébastien Lecornou delivers a speech during the debate ahead of votes on two impeachment motions against the French government on October 16, 2025.— Reuters The French prime minister comfortably survives both no-confidence votes. Lecornu’s bid to suspend his pension reform is gaining vital support. The socialists are helping Lecornu survive, but now they want other concessions. French Prime Minister Sébastien Lecornu survived two no-confidence votes in parliament on Thursday, winning crucial support from the Socialist Party thanks to his pledge to suspend President Emmanuel Macron’s controversial pension reform. The two proposals tabled by the hard-left France Unbowed

October 16, 2025

News Desk

French PM survives no-confidence vote after granting pensions

France faces deep political turmoil as minority governments battle over deficit cuts and pension reform French Prime Minister Sebastien Lecornu delivers a speech during the debate before the vote on two motions of no confidence against the French government tabled by members of parliament of La France Insoumise (France Unbowed – LFI) and Rassemblement National (Rally National – RN), two days after the speech general policy of the French Prime Minister, during a public session at the National Assembly France2, October20,1, Paris. French Prime Minister Sébastien Lecornu survived two no-confidence votes in parliament on Thursday, winning crucial support from the

August 7, 2025

News Desk

Germany to increase mothers’ pensions earlier than was planned

The Christian Social Union (CSU), the Bavarian sister of the Conservative Christian Democratic Union (CDU) of Bavaria, who has persuaded a big brother to implement one of her own pets: the increase in pension subsidy for older parents- plan, Dw said. The increase in pension mothers who had children before 1992 comes with a price of about 5 billion euros a year and is now being implemented on January 1, 2027, despite large cuts elsewhere to Germany’s federal budget. According to German media reports, the government still has a gap of about 172 billion euros ($ 198 billion) for its

July 16, 2025

News Desk

The cabinet approves an increase of 15% of Eobi pensions

Prime Minister Shehbaz Sharif is chairing a meeting of the Federal Council in Islamabad. – application Prime Minister Shehbaz Sharif is a federal meeting of the Council of Ministers. The increase in retirement will be effective as of January 1. 5 years of introduction administered for life jackets. ISLAMABAD: The Federal Council of Ministers approved a 15% increase in pensions on Wednesday in the pensions provided by the Old Employees’ Foundation (EOBI), which is in force on January 1, 2025. The decision of the Council of Ministers was based on the establishment of the Ministry of Pakistani Ministers and Human

May 24, 2024

News Desk

Khyber Pakhtunkhwa proposes 10% hike in wages and pensions

A representational image of a government official working in his office. – File In a bid to provide relief to government employees amid financial challenges, the Khyber Pakhtunkhwa government on Friday proposed a 10% hike in the salaries of civil servants. Taking over the leadership of the federal government as well as three other provinces, the Prime Minister Ali Amin Gandapur-led government unveiled its maiden budget of over Rs 1.75 trillion for the financial year 2024-25. Presenting the budget in Parliament, KP Finance Minister Aftab Alam announced a 10% increase each in the basic pay of its employees and pensioners.

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