In Pakistan, a recent controversy has emerged over high salary appointments amidst a deteriorating economic situation. The State Bank of Pakistan has appointed a Director General of the International Monetary Fund (IMF) with a salary exceeding 5.2 million rupees. This appointment is now considered the highest-paid position in the public sector.
According to sources in the Ministry of Finance, these appointments on deputation contradict the federal government’s policy. Several officers from different departments have voiced their objections to these appointments made by the State Bank.
It has been suggested that these clashes over appointment benefits also violate the Anti-Money Laundering Act. State Bank officers have been placed on deputation for an extended period, sometimes up to five years.
Under the act, it is necessary to consult with the State Bank for deputation appointments. The issue has sparked a debate on the appropriateness of these high-salaried appointments during a time of economic hardship. Further investigations are expected to shed light on the matter and determine if any policies have been violated.