Finance Division to propose suitable pay raise in next budget

News Image

MG News | March 12, 2020 at 03:18 PM GMT+05:00

March 12, 2020: In response to the strike call by the Secretariat employees for raising their salaries the Ministry of Finance has held meetings with the Federal Government employees to assure them that their proposals will be duly considered and proposed to the government in the next budget.

In a statement issued here Thursday, the Finance Division has said that on the instructions of Adviser to the Prime Minister on Finance & Revenue Dr Abdul Hafeez Shaikh, separate meetings of Secretary Finance as well as Special Secretary Finance had been held with the protesting employees to get a full understanding and awareness of the financial constraints and problems of the government employees due to the inflation.

The statement said that the government understood and acknowledged the difficulties and economic constraints faced by the federal government employees and in view of their inputs obtained in the meetings held, proposal for a suitable raise in their salaries would be prepared by factoring in the overall economic situation, and available fiscal space and incorporated in the upcoming Federal Budget 2020-21.

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 168,953.71
137.85M
-0.89%
-1525.24
ALLSHR 101,913.00
653.00M
-0.95%
-972.54
KSE30 50,350.49
53.41M
-1.04%
-527.12
KMI30 241,458.68
47.12M
-1.01%
-2459.18
KMIALLSHR 66,152.24
285.01M
-0.89%
-591.11
BKTi 45,807.84
15.71M
-1.10%
-509.63
OGTi 34,908.25
5.34M
-0.88%
-310.37
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,380.00 64,365.00
59,600.00
2865.00
4.73%
BRENT CRUDE 94.16 98.08
93.64
1.07
1.15%
RICHARDS BAY COAL MONTHLY 125.00 125.25
125.00
2.60
2.12%
ROTTERDAM COAL MONTHLY 136.75 138.05
136.75
2.75
2.05%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 91.29 95.47
90.39
0.75
0.83%
SUGAR #11 WORLD 14.16 14.36
14.11
0.02
0.14%

Chart of the Day


Latest News
June 08, 2026 at 07:02 PM GMT+05:00

Pakistan, Mauritius move to boost trade, investment


June 08, 2026 at 06:45 PM GMT+05:00

EVs take centre stage as Pakistan reviews auto policy


June 08, 2026 at 06:32 PM GMT+05:00

South Korea stocks plunge 8%


June 08, 2026 at 06:30 PM GMT+05:00

World Bank to inject $100m into Punjab's housing scheme


June 08, 2026 at 06:03 PM GMT+05:00

China, Pakistan partner on high-yield tomato varieties



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg