LAHORE: The Punjab government has increased the salaries of government employees by 10 percent, and the pensions of retired employees have been increased by 5 percent.
The budget was approved by the provincial cabinet chaired by the Chief Minister of Punjab, Maryam Nawaz.
In the new fiscal year’s budget, Rs 811.8 billion has been allocated for education, Rs 630.5 billion for health, while Rs 129.5 billion has been allocated for agriculture.
In the new fiscal year’s budget, Rs 811.8 billion has been allocated for education, Rs 630.5 billion for health, while Rs 129.5 billion has been allocated for agriculture.
According to Punjab’s Finance Minister, the province’s 2025–2026 budget includes a total of Rs 148 billion for the education sector under the development category.
Earlier, the KPK government had declared a ten percent and a seven percent hike in salaries and pensions, respectively, of its workers in the Rs 2,119 billion surplus budget for the fiscal year 2025-26 unveiled on Friday.
Khyber Pakhtunkhwa Finance Minister Aftab Alam unveiled the budget with ‘no new tax‘ and stated that the estimated annual outlay for the upcoming fiscal year 2025-26 would be Rs 1962 billion with a surplus of Rs 157 billion.
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