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| Photo: File |
The Government of Pakistan is likely to increase employees' salaries by 15% in the fiscal year 2024-2025 government budget. The pension of retired employees is expected to increase by 10%.
The proposal to increase EUBI is also under consideration. Apart from this, it is also expected that pension reforms will be introduced to remove the pension burden from the national treasury.
In the budget of the next financial year, the government is considering increasing the salaries of government employees keeping in view the conditions of the IMF and the inflation.
In the upcoming fiscal year 2024-2025 budget, the government is expected to announce an increase in the salaries of employees. However, the government of Pakistan will take the final decision after reviewing the recommendations of the finance ministry. If this increase is approved, it will be applicable from July 2024.
