Prime Minister Shehbaz Sharif’s administration has announced a notable increase in the minimum salary in the 2024-2025 Budget, raising the minimum basic salary from Rs. 32,000 to Rs. 37,000. This significant enhancement is part of a broader initiative to boost the financial stability of government employees across Pakistan.

Salary Increases for Government Employees

In addition to the minimum salary increase, the federal cabinet, under the leadership of PM Sharif, has approved substantial salary hikes for various employee grades. Employees in grades 1 to 16 will enjoy a 25% increase in their salaries, while officers in grades 17 to 22 will see a 22% raise. These adjustments reflect the government’s commitment to providing fair compensation and improving the livelihood of its workforce.

Pension Increases for Retired Employees

Retired government employees will also benefit from these financial measures, with a 15% increase in their pensions. This adjustment aims to ensure that retirees can maintain a comfortable standard of living and cope with rising costs.

Economic Security and Standard of Living

The proposed minimum salary of Rs. 37,000 in the 2024-2025 Budget is a critical component of the government’s broader strategy to enhance economic security and improve the standard of living for government workers and retirees. By increasing salaries and pensions, the government aims to alleviate financial pressures and ensure a more stable and secure financial future for its employees.

Overall, the increase in the minimum salary in the 2024-2025 Budget reflects a proactive approach to addressing the economic needs of government employees and retirees, setting the stage for a more financially secure and prosperous future.

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