Finance Division to propose suitable pay raise in next budget

News Image

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

0:00

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 183,951.51
437.36M
0.86%
1567.36
ALLSHR 110,404.19
1,033.26M
0.83%
904.56
KSE30 56,444.71
215.70M
0.97%
542.89
KMI30 256,899.68
148.80M
0.57%
1456.31
KMIALLSHR 70,211.69
431.51M
0.37%
259.26
BKTi 54,236.03
111.52M
2.00%
1065.69
OGTi 35,973.69
18.04M
1.08%
383.06
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 95,690.00 96,625.00
95,315.00
975.00
1.03%
BRENT CRUDE 65.39 65.45
65.14
-0.08
-0.12%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-1.65
-1.87%
ROTTERDAM COAL MONTHLY 98.25 98.25
98.00
1.20
1.24%
USD RBD PALM OLEIN 1,027.50 1,027.50
1,027.50
0.00
0.00%
CRUDE OIL - WTI 61.04 61.20
60.86
-0.11
-0.18%
SUGAR #11 WORLD 14.86 15.00
14.78
0.02
0.13%

Chart of the Day


Latest News
January 13, 2026 at 05:13 PM GMT+05:00

Pakistan, KSA explore expanded cooperation in mineral sector


January 13, 2026 at 05:05 PM GMT+05:00

Pakistan, Japan sign $18.6m grant to boost child healthcare


January 13, 2026 at 04:22 PM GMT+05:00

Pakistan, Canada bilateral trade hits $1bn


January 13, 2026 at 04:13 PM GMT+05:00

PKR holds steady against USD, amid 77-session winning run



Top 5 things to watch in this week

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