Today, June 12, marks a pivotal moment for the federal government to announce the eagerly anticipated budget for 2024-25, led by Finance Minister Mohammad Aurangzeb. With a focus on enhancing the welfare of federal employees, a substantial allocation of 1800 billion rupees has earmarked for salary increases.
Following a crucial bailout infusion of 6 to 8 billion dollars from the International Monetary Fund (IMF), aimed at averting potential default, the government poised to enact a significant 10-15% salary hike for federal employees in the upcoming fiscal year.
Pending parliamentary approval, this proposal promises tangible benefits for government employees, with salary increments slated to commence from July 2024. The budget announcement today anticipated to solidify the commitment towards enhancing the livelihoods of federal employees, with a projected 10 to 15 percent salary increase on the horizon.
This bold move underscores the government’s dedication to fostering economic stability and bolstering the financial well-being of its workforce. As the nation eagerly awaits the budget revelation, the prospect of a substantial salary increase serves as a beacon of hope for federal employees nationwide.
With the spotlight firmly on the budget 2024-25 salary increase, this development poised to shape the economic landscape, ushering in a new era of prosperity and stability for government personnel across the country.
