ISLAMABAD: Pakistan’s Finance Minister Muhammad Aurangzeb has said that it is proposed to increase the minimum monthly basic salary from Rs 32,000 to Rs 37,000, in the fiscal budget 2024-25.
The Finance Minister is presenting the federal budget in the National Assembly amid the opposition’s protest. He said that due to inflation, salaried class purchasing power has been affected.
Muhammad Aurangzeb said that despite the financial difficulties, measures are being taken for the relief of government employees.
This adjustment is part of a broader strategy to bolster the financial stability of government employees in the upcoming fiscal year.
Earlier, in a crucial meeting chaired by Prime Minister Shehbaz Sharif, the cabinet approved the budget proposals for the fiscal year 2024-25.
During the meeting, the federal cabinet approved a significant 25 percent increase salaries of government employees.
With a proposed 25 percent salary increase for those in grades 1 to 16 and officers in grades 17 to 22 are set to receive a 20% raise.
The budget also includes comprehensive packages aimed at supporting farmers, youth, and industries.
