Punjab increases salaries by 30%

The Rs3.226 trillion budget for fiscal year 2022-23 has been termed ‘Roshan Rahay Naya Sawera’

By Web Desk

June 13, 2022

Punjab Chief Minister Hamza Shahbaz is presiding over a meeting to review the budget for the new financial year and outline of the development program on May 23. Photo: APP

LAHORE: The Punjab cabinet Monday approved a massive increase in salaries of the government employees from grades 1-9 in the budget for the fiscal year 2022-23.

The nod was given today in the pre-budget meeting chaired by Chief Minister Hamza Shahbaz, which also gave approval for a 5% increase in pension in line with the federal government’s announcement.

The Rs3.226 trillion budget for the fiscal year 2022-23 has been termed ‘Roshan Rahay Naya Sawera’.

Besides the 30% increase in salaries, a 15% disparity allowance will also be given to the employees of certain departments.

The secretariat and CM House employees will only get a 15% increase in their salaries.

The provincial government has decided to allocate the portfolio of finance minister to Sardar Awais Leghari to present the budget.

As per the documents available with Geo News, a proposal has been accepted to allocate Rs900 million for women's development projects, while Rs19.5 billion has been allocated for the local government.

Meanwhile, the cabinet approved a proposed allocation of Rs164.26 billion for projects related to infrastructural development. Among this, Rs80.77 billion has been earmarked for road construction.

The documents showed that Rs27.63 billion has been set aside for the irrigation sector, Rs5 billion for the energy sector and Rs41.4 billion for the production sector.

The provincial finance ministry has proposed that Rs29.5 billion be allocated to public buildings, while more than Rs21 billion has been suggested for urban development.