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In the federal budget, the salaries of government employees are expected to increase by 10 to 12 percent.
FBR’s decision will ensure the protection of consumers, PTA
According to the recommendations of the Finance Ministry, the government will announce the final decision. If approved, the increased salary will be effective from July 2024.
On the other hand, the federal government has decided to complete the work on the budget targets by the middle of this month before the arrival of the IMF mission and in this regard, the Prime Minister’s Office also assigned the target of completing the budget working to the economic team. has gone
According to the sources, work on the budgeting strategy has started and the achievement of the 6 major targets is the focal point, the sources also say that the mechanism has been finalized with the IMF officials to achieve the targets.
July to March: The financial deficit reached 4 thousand 337 billion rupees
Timely repayment of external debt is the first rule, funds raised by institutions, banks, friendly countries and bonds, will include spending cuts to reduce deficits and a ban on new borrowing.
A list has been discussed with the IMF officials in this regard, the campaign against tax evasion will be continued throughout the year, steps have been initiated to achieve the objectives of this campaign.
Under the decisions to be made by June 1 for privatization, there will be new legislation in the budget, the IMF officials have received feedback on this legislative framework, a new system of payments to reduce the revolving debt, and budget targets. Will be part.
The schedule of negotiations between Pakistan and the IMF on the new loan program has been decided
To achieve these goals, the new formation of Pakistan’s debt stock will be part of the budget, important measures to achieve these goals in the petroleum, electricity and gas sectors will also be part of the budget.
According to sources, major changes in the federal pension system will also be a part of the budget, in this regard, the new rules will be implemented after consultation with stakeholders.
According to the sources, to sign the new loan program, the Ministry of Finance has directed the relevant ministries to complete the targets, the structure of all the important targets will be prepared and shared with the IMF.
ICCT Twenty Batters Ranking continues
Before the arrival of the IMF mission, the budget strategy paper will also be approved by the cabinet, debt servicing, defense, FBR target, the main targets of expenditure estimates will also be finalized.
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