188 pc salary raise for Pak ministers

Blitz Bureau

NEW DELHI: THE Shehbaz Sharif-led government in Pakistan, which had initially made tall claims about launching austerity plans and cutting down on expenditures, has approved a staggering 188 per cent increase in the salaries of cabinet ministers, ministers of state and advisors.

The massive U-turn comes at a time when the country is going through a major financial crisis and the salaried class remains burdened with high taxations, job loss, inflation, high fuel cost, high electricity price, etc.

As per the latest announcement, the ministers and advisors will now be getting Rs 519,000 per month. Sharif has been calling on Pakistanis to tighten their expenditures due to excessive taxes, asserting that it is a recovery phase for the country. However, the 188 per cent hike in salaries of ministers and advisors has raised a serious question about the government’s intentions.

The latest increase in salaries of the federal cabinet has come two months after the salaries and allowances of all Members of the National Assembly (MNAs) in the Parliament and Senators in the Senate of Pakistan (Upper House), were increased by the Finance Committee of the National Assembly, bringing them in line with the federal secretaries.

Latest News

$100 bn trade push Modi-Putin Pact unveils India, Russia’s new strategic play

Blitz Bureau NEW DELHI: In a defining moment for India’s...

India’s strategic autonomy holds firm despite pressures

Blitz Bureau NEW DELHI: President Vladimir Putin’s latest visit to...

Capital question: Will all sectors get due credit?

India enters 2026 with a corporate-finance landscape that looks...

The Great Cut RBI pares repo rate to 5.25%; signals confidence in inflation path

Blitz Bureau NEW DELHI: The Reserve Bank of India (RBI)...

New machine-based levy to replace GST on pan masala

Blitz Bureau NEW DELHI: Finance Minister Nirmala Sitharaman on December...

Topics

$100 bn trade push Modi-Putin Pact unveils India, Russia’s new strategic play

Blitz Bureau NEW DELHI: In a defining moment for India’s...

India’s strategic autonomy holds firm despite pressures

Blitz Bureau NEW DELHI: President Vladimir Putin’s latest visit to...

Capital question: Will all sectors get due credit?

India enters 2026 with a corporate-finance landscape that looks...

The Great Cut RBI pares repo rate to 5.25%; signals confidence in inflation path

Blitz Bureau NEW DELHI: The Reserve Bank of India (RBI)...

New machine-based levy to replace GST on pan masala

Blitz Bureau NEW DELHI: Finance Minister Nirmala Sitharaman on December...

Stocking up for mutual growth -Mutual funds broaden stock universe as industry exposure hits record 1,244 cos

Blitz Bureau NEW DELHI: India’s mutual fund industry is expanding...

Gen-Z greatest strength of Viksit Bharat : PM Modi

Blitz Bureau NEW DELHI: Prime Minister Narendra Modi has said...
spot_img