Sindh government employees to get up to 35% increase in salaries
CM Murad recommends 17.5% increase in pensions in provincial budget 2023-24
Sindh Chief Minister Murad Ali Shah has proposed up to 35% increase in the salaries of government employees in the provincial budget for fiscal year 2023-24 and 17.5% hike in the pensions.
The development came as the provincial government on Saturday unveiled the budget of Rs2.2 trillion for the next financial year with a development outlay of Rs700.1 billion, which seeks to provide protection to the poor people and flood victims of the province.
During the budget speech, CM Murad announced a 35% in the basic salary of employees of grade 1-16 and a 30 percent increase in the salary of employees of BS-17 and above.
He also proposed a 17.5% increase in pensions and a 35% increase in the minimum wage of Rs25000 which would come around Rs35,550.
The other adhoc relief would be the same as has been announced by the federal government.
A day earlier, the federal cabinet approved increasing the salaries of government employees up to 35% in the federal budget for fiscal year 2023-24.
The Centre also okayed the proposal to increase the pension by 17.5% for the next fiscal year.
It has been suggested to increase the salaries for employees of grades 1-16 by 35% while 30% for those above grade 17.
However, the federal government proposed increasing the minimum wage to Rs32,000.
-
Amazon to appeal against Italian Antitrust fine despite major reduction
-
US lawmakers introduces new bill to define crypto market rules
-
Apple tops global smartphone market in 2025, says report
-
AI boom set to lift TSMC’s Q4 profit by 27%
-
An eye on 'global economic instability' as shares slumps, tensions intensify
-
Tesla dethroned: BYD shocks EV market as top seller in 2025
-
China sets up $8.9B fund to boost 2026 consumer goods trade-in
-
Meta to acquire Chinese AI startup Manus to expand advanced AI capabilities