Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Yen extends gains after Israeli strike against Iran

June 13, 2025

Malaysians brace for rising costs on goods and homes as new taxes target premium items

June 13, 2025

Zhejiang Sanhua seeks US$1 billion in Hong Kong listing as Chinese firms rush to city

June 13, 2025
Facebook X (Twitter) Instagram
Friday, June 13
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Govt under fire for salary hike for top parliamentarians while minimum wage remains static – Business & Finance
Economist Intelligence

Govt under fire for salary hike for top parliamentarians while minimum wage remains static – Business & Finance

adminBy adminJune 12, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 9


The federal government’s decision to significantly raise the salaries and financial perks of top parliamentary officeholders has drawn criticism, even from within its ranks. Defence Minister and senior PML-N leader Khawaja Asif called the move a ‘financial obscenity’ on the social media platform X on Wednesday.

“The huge increase in the salaries and financial incentives for the speaker, deputy speaker, chairman Senate, and deputy chairman Senate falls under the category of financial obscenity.

“Keep in mind the life of the common man, all our honour and dignity are due to him,” said Asif.

Meanwhile, during the post-budget press conference on Wednesday, Finance Minister Muhammad Auranzgeb defended the sharp increase in the monthly salary of lawmakers.

“If we talk about raising salaries of government employees, then ministers’ salaries should also be reviewed.”

He pointed out that the salaries of the Senate chairman, deputy chairman, National Assembly speaker, and deputy speaker were recently increased.

When questioned about whether their salaries had been raised from Rs250,000 to Rs2.15 million per month, the minister remarked that the focus should be on when ministers, ministers of state, and parliamentarians last received a salary adjustment.

“The cabinet ministers’ salaries were last increased in 2016. If a salary raise had been made annually, the recent hike would not seem so high,” he explained.

The government in its budget presentation also announced a 10% increase in salaries for federal government employees (Grade-1 to Grade-22) and a 7% increase in pensions for retired government servants.

However, it decided to keep the minimum wage unchanged in the budget for the financial year 2025-26, saying it would remain at Rs37,000 per month.

The decision to keep the minimum wage unchanged comes despite calls from some public and political quarters.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

Intra-day update: rupee slips lower against US dollar – Markets

June 13, 2025
Economist Intelligence

Selling pressure at PSX as geopolitical tensions flare after Israeli strike on Iran – Markets

June 13, 2025
Economist Intelligence

DRAP STRN deregistration case: FTO orders swift conclusion – Business & Finance

June 13, 2025
Economist Intelligence

IHC ruling favours FBR: Leading telecom co to pay Rs22bn – Pakistan

June 13, 2025
Economist Intelligence

OGDCL announces oil, gas discovery at Faakir-1 Well in Khairpur – Markets

June 13, 2025
Economist Intelligence

Auto sector in Pakistan posts strong growth in 11MFY25; car sales surge 35pc YoY – Budget 2025-26

June 13, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Intra-day update: rupee slips lower against US dollar – Markets

June 13, 2025

Selling pressure at PSX as geopolitical tensions flare after Israeli strike on Iran – Markets

June 13, 2025

DRAP STRN deregistration case: FTO orders swift conclusion – Business & Finance

June 13, 2025

IHC ruling favours FBR: Leading telecom co to pay Rs22bn – Pakistan

June 13, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Yen extends gains after Israeli strike against Iran
  • Malaysians brace for rising costs on goods and homes as new taxes target premium items
  • Zhejiang Sanhua seeks US$1 billion in Hong Kong listing as Chinese firms rush to city
  • Zhejiang Sanhua seeks US$1 billion in Hong Kong listing as Chinese firms rush to city
  • Cheerleaders to critics: German machinery makers call for EU action on China

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Yen extends gains after Israeli strike against Iran

June 13, 2025

Malaysians brace for rising costs on goods and homes as new taxes target premium items

June 13, 2025

Zhejiang Sanhua seeks US$1 billion in Hong Kong listing as Chinese firms rush to city

June 13, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.