Business

Salary of govt employees likely to increase in upcoming budget 2025-26

Published by
Staff Reporter

ISLAMABAD: The federal government is likely to raise the salaries of government employees by 10 percent in the upcoming budget 2025-2026.

Officials were said to be negotiating with the International Monetary Fund (IMF) to help the salaried class. On June 10, the federal government will probably unveil the budget for the following fiscal year 2025-26, together with the officially proposed rise in employee salaries.

A day earlier, the federal government’s special committee guaranteed that workers’ pension changes and salary boosts will be carried out in the next budget for fiscal year 2025-26.

Additionally, Rana Sanaullah will lead a meeting next week to make a ruling on leave encashment, it said further. According to reports, Dr. Tariq Fazal Chaudhry was detained one day earlier in Islamabad.

Along with Rahman Bajwa, Chief Coordinator of the All Government Employees Grand Alliance (AGEGA), and other alliance officials, officials from the Ministry of Finance, Law and Justice, and the Establishment Division participated.

The meeting examined how the guarantees between the government and its workers regarding their demands were being carried out.

Rahman Bajwa informed the media that following the meeting, Dr. Tariq Fazal guaranteed that the government would fulfill its commitments to the employees. All legitimate traders’ demands—leave encashment, the Prime Minister’s relief package—will be met.

Bajwa said further that government officials from the Ministry of Finance guaranteed the government would live up to the written commitment given to employees.

On budget day, he stated, millions of workers from throughout the nation will descend on Islamabad to keep an eye on the agreement’s execution. Should the agreement hold Dr. At the gathering, Dr. Tariq Fazal Chaudhry and Rana Sanaullah will be celebrated; their names will be inscribed in golden letters. Still, if it is not put into action, these folks will also join the sit-in alongside the employees.

Answering a different question, he said the meeting decided that both the government and employee union representatives would prepare their working papers for presentation in the following committee meeting.

Staff Reporter

Recent Posts

Iranian rial value suddenly skyrockets, citizens flock to currency exchange centers

ISLAMABAD: Pakistan’s open currency market is witnessing an unusuawith demand for the Iranian rial rising…

10 minutes ago

Meteorological Department issues important rain forecast

LAHORE: An important forecast of the Meteorological Department regarding the weather in Lahore has come…

19 minutes ago

How much tax will be deducted from salary from July 1? New slabs introduced

ISLAMABAD: The federal government has introduced new income tax slabs for government employees and salaried…

1 hour ago

New instructions issued for pilgrims going to Iraq for pilgrimage

ISLAMABAD: The Ministry of Religious Affairs has issued new instructions for Pakistani pilgrims going to…

1 hour ago

Smartphone prices likely to drop by up to Rs 16,000

ISLAMABAD: The prices of various smartphones in the country are likely to drop by Rs…

2 hours ago

Court orders restoration of PTI’s election symbol Bat

MUZAFFARABAD: The Azad Kashmir High Court has ordered the restoration of the Pakistan Tehreek-e-Insaf (PTI) election…

2 hours ago