Latest news with #FederalMinistersandMinistersofState
News18
a day ago
- Business
- News18
Pakistan Gives National Assembly Speaker, Senate Chairman Massive 500% Salary Hike: Report
Last Updated: In addition to the revised salary, both top parliamentary officials will receive a 50% temporary allowance, a report claimed. The Pakistani government significantly increased the monthly salaries of the National Assembly Speaker and Senate Chairman to ₹1.3 million, a sharp rise from the previous figure of ₹205,000, as per a report by Samaa TV. The Ministry of Parliamentary Affairs issued the notification on May 29, but details of the raise surfaced publicly only on Friday, as per the report. In addition to the revised salary, both top parliamentary officials will receive a 50% temporary allowance, pushing their monthly compensation even higher. The new salary structure will be applied retrospectively from January 1, 2025, the report added. Salaries Of Pakistan's Government Officials Raised This pay hike comes amid a broader trend of increased remuneration for government officials. In March, salaries and allowances for federal ministers, ministers of state, and advisers were also raised- by as much as 188%- following an amendment to the Federal Ministers and Ministers of State (Allowances and Salaries) Act, 1975. After the revision, federal ministers now earn ₹519,000 per month, up from ₹200,000. Earlier this year, Pakistan's Finance Committee approved salary increases for National Assembly members and senators as well, raising their monthly salaries to ₹519,000. The salary hikes come at a time when Pakistan continues to grapple with economic challenges, including inflation and pressure from international lenders for fiscal restraint. Get breaking news, in-depth analysis, and expert perspectives on everything from geopolitics to diplomacy and global trends. Stay informed with the latest world news only on News18. Download the News18 App to stay updated! First Published: June 07, 2025, 23:38 IST
&w=3840&q=100)
Business Standard
a day ago
- Business
- Business Standard
Pakistan hikes assembly speaker, Senate chairman salaries to Rs 1.3 million
The monthly salary for both officials has been fixed at Rs 1.3 million and they will also receive an additional 50 per cent as a temporary allowance on top of it, according to the notification Press Trust of India Islamabad The Pakistani government has formally raised the monthly salaries of the National Assembly speaker and the Senate chairman to Rs 1.3 million, according to a media report on Saturday. The new salary marks a significant rise from their previous salary of Rs 205,000. The Ministry of Parliamentary Affairs issued the notification on May 29, but details surfaced on Friday, Samaa TV reported. The monthly salary for both officials has been fixed at Rs 1.3 million and they will also receive an additional 50 per cent as a temporary allowance on top of it, according to the notification. The revised salary structure will be effective retrospectively from January 1, 2025. Earlier on March 21, it was reported that the salaries and allowances of federal cabinet members had been significantly increased, with federal ministers, ministers of state and advisers receiving hikes of up to 188 per cent. Sources had said that the federal ministers approved a summary of the salary increments for themselves and ministers of state through circulation. An amendment to the Federal Ministers and Ministers of State (Allowances and Salaries) Act, 1975, was approved, paving the way for these increases. Following the bill's approval, the revised salary of a federal minister, minister of state and adviser would stand at Rs 519,000. Previously, federal ministers were earning Rs 200,000, while ministers of state had a salary of Rs 180,000. This decision marked a substantial 159 per cent increase in the salaries of federal ministers, while ministers of state and advisers have witnessed an increment of up to 188 per cent. Earlier this year, the Finance Committee had approved an increase in the salaries of members of the National Assembly and senators, raising their monthly pay to Rs 519,000, according to the report.
