Thursday, July 18, 2024

Khyber Pakhtunkhwa Approves 4-Month Budget, Increases Salaries and Pensions

Khyber Pakhtunkhwa’s caretaker cabinet has approved a budget of Rs 462 billion for four months, increasing the salaries and pensions of government employees.

Khyber Pakhtunkhwa Caretaker Chief Minister’s Advisor on Finance Himayatullah Khan said in a press briefing that the caretaker cabinet approved a budget of Rs 462 billion for four months of the province.

He said that the salary of grade 1 to 16 employees has been increased by 35 percent, salaries from grade 17 to 22 have been increased by 30 percent and pension has been increased by 17.5 percent.

He said that the minimum wage of the laborer has been increased from Rs 26,000 to Rs 32,000, the constitution allows four months’ expenditure, the deficit of last year will be Rs 4 billion.

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