The federal cabinet has decided not to increase the salaries and pensions of government employees.
According to details, the federal cabinet meeting has ended and Prime Minister Imran Khan has approved the budget for the fiscal year 2020-21. He has signed the budget document.
In the meeting, it has been decided that pensions and salaries of government employees will remain the same as the previous year.
The finance team stated that increasing salaries is not possible during the ongoing economic crisis.
Finance sources also stated that the country’s economy has been badly influenced because of coronavirus pandemic. Sources said that PM Imran Khan has urged to provide relief to people in the budget.
The cabinet meeting held today and was chaired by the Prime Minister of Pakistan.
Adviser to PM on Finance Abdul Hafeez Shaikh has briefed the cabinet about the budget.
The budget will now be presented to the National Assembly for approval.
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Which Ministry will get how much development funds? Which ministry will not be considered? BOL News has revealed the information regarding budget allocated for the different departments and sectors in Pakistan.
According to sources, the total volume of the federal development budget for the next financial year has been allocated Rs. 650 billion.
It has been suggested the budget for the fight against coronavirus pandemic and other natural disasters will be Rs 70 billion.