Good News For Govt Employes and Pensioners Before Budget
IslamAbad (Pakistan News Online) Salaries of Govt employs expected to be increased in upcoming budget 2024-25.
According to details, As the federal budget for the upcoming financial year 2024-25 approaches, the government is considering significant financial adjustments aimed at benefiting government employees and retirees.
federal budget of the next financial year , the government is expecting a 10 to 15 percent increase in the salaries of government employees, while the pension of retired employees is expected to increase by 10 percent.
Discussions are also underway regarding the enhancement of the Employees Old Age Benefit (EOBI).
Consultations are currently being held with provincial governments to finalize the proposals for salary increases. These consultations are crucial to ensuring that the proposed adjustments are feasible and beneficial across all regions.
Sources indicate that the government is leaning towards approving the proposed salary increases. However, the final decision will be based on the recommendations put forth by the Finance Ministry.