Wednesday, May 29, 2024

State Bank Governor Receives Rs. 2.5 Million Monthly Salary: Report

The Ministry of Finance has recently informed the Senate Secretariat in a written response that Governor SBP Raza Baqir is receiving a monthly salary of Rs 2.5 million. Also, his salary is increasing by 10% per year.

PML-N Senator Irfan Siddiqui had questioned the details of Governor SBP’s remuneration in the Upper House, as well as how long SBP Governor Raza Baqir had been engaged by the IMF as Governor State in Pakistan. What is the salary and benefits received by the bank?

While the Governor SBP is provided with a furnished house or equivalent rent and repair facilities, they are also provided with two vehicles, one of which is for the driver, and 600 gallons of gasoline for vehicle use.

Further, the bank is provided with electricity, gas, water, and generator expenditures, as well as payment of 75% of their children’s fees. The Governor SBP also has free landline, mobile phone, and internet access.

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