Pakistan

KP Announces Another Massive Increase in Salaries and Pensions

The Khyber Pakhtunkhwa government has decided to increase employee salaries further to help them cope with inflation. It is pertinent to mention that in the 2024-25 budget, the provincial government had announced a 10% increase in salaries.

It has now been decided to raise the salaries of government employees in Grades 1 to 16 by 25%, matching the increase approved by the federal government. Employees in Grades 17 and above will receive a 20% salary increase, while pensions will be raised by an additional 10%.

In a video message, KP Finance Advisor Muzammil Aslam said that the federal government had announced a 25% salary increase for employees in Grades 1 to 16, a 20% increase for those in Grade 17 and above, and a 15% rise in pensions.

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He added that the provincial cabinet has approved salary and pension increases in line with the federal government’s plan. He stated a notification will be issued soon in this regard.

These adjustments will place an extra burden of Rs75 to 80 billion on the provincial treasury.

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Published by
Arsalan Khattak