Wednesday, June 29, 2022
IndiaNo Salary Hike: There is no pay hike for government employees in...

No Salary Hike: There is no pay hike for government employees in Pakistan

Government of Pakistan backtracks on pay hike for civil servants due to recession the day after announcing pay hike

Pakistan Economic Crisis: For Pakistan’s new Prime Minister Shehbaz Sharif, the country’s recession has become a major problem.

The government withdrew the announcement of a pay rise in the National Assembly the next day, citing a lack of funds in the state treasury.

The local sources reported that Prime Minister Shehbaz Sharif announced in his first speech to parliament that he would raise the salaries and pensions of civil servants.

Sharif had announced that the minimum wage for employees would be Rs 25,000 and that the pensions of retired Pakistani government employees would be raised by 10 per cent. In addition, he made his first commitment to a 10 per cent pay rise for civil servants earning less than Rs 1 lakh.

The new Prime Minister who condemned the previous Imran government. The new prime minister has slammed the Imran Khan-led PTI, accusing the Imran government of ruining the country’s economy. He lamented to Imran that the country could not make progress due to the current account deficit and other economic turmoil.

The announcement was withdrawn the day after Prime Minister Shahbaz Sharif’s announcement. Mifta Ismail, senior leader of the Pakistan Muslim League-Nawaz (PML-N), has said that the government has not raised the salaries of civil servants, as it did only a few months ago.

Posting a post on his official Twitter page, Mifta said, ‘We have not increased wages again since the salaries of central government employees were raised a few months ago. We are raising the pensions of retired civil servants. But he said the salary issue would definitely be considered in the next budget.

Pakistan, China, Saudi Arabia, the United Arab Emirates, the IMF and many other countries have borrowed heavily on how to repay their loans to foreign countries.

The financial situation of Pakistan is deteriorating day by day due to the interest paid on the loan purchased. It is noteworthy that debt and interest on loans have been the backbone of the Imran Khan government for 3 years.

Now that the debt burden is on his head, the current prime minister, Shahbaz Sharif, has announced that he will pull at least one civil servant on his first day, and will have to withdraw the next day.

This is a sign that Pakistan’s new Prime Minister Shehbaz Sharif is beginning to understand the gravity of the situation.

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