PM Shehbaz Sharif says that he will bring an immense reduction in wasteful expenses, despite the difficulties, he will try to increase the salaries in the budget.

ISLAMABAD: In the coming federal budget, the salaries of government employees are expected to increase by 10 to 12 percent.

According to the media report, if the Finance Ministry’s proposals are accepted, the increased salary will come into effect by July 2024; however, the government will make the final decision.

It should be noted that on May 1, Prime Minister Shehbaz Sharif hosted a luncheon at his Lahore house in honor of the laborers. Prime Minister Shehbaz Sharif says that he will bring an immense reduction in wasteful expenses, despite the difficulties, he will try to increase the salaries in the budget.

However, the federal government has made the decision to finish working on the budget objectives by the middle of this month, ahead of the IMF mission’s arrival. For this reason, the economic team has also been given the aim of finishing the budget working by the Prime Minister’s Office.

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According to the sources, work on the budgeting strategy has started and the achievement of the 6 major targets is the focal point, the sources also say that the mechanism has been finalized with the IMF officials to achieve the targets.

First and foremost, all foreign debt must be repaid on time. Money obtained from bonds, banks, friendly nations, and institutions will go toward funding spending reductions to lower deficits and prohibiting additional borrowing.

PML-N sitting to mull strategy amid wheat crisis, PM to attend meeting

The central leaders of the Muslim League-Nawaz (PML-N) will sit together today at party’s Model Town Secretariat to mull strategy amid wheat purchase crisis in Punjab.

According to sources, party leader Nawaz Sharif and party president and Prime Minister Shehbaz Sharif will also attend the meeting. Nawaz Sharif has asked Shehbaz Sharif to attend today’s meeting.

The meeting of the central leaders of PML-N will be held at 2 pm in the party secretariat. Punjab Chief Minister Maryam Nawaz is expected to attend the meeting while senior leaders including Rana Sanaullah, Khawaja Asif will be in attendance during the important meeting.

Provincial ministers, other relevant officials have been directed to make sure their presence at the Model Town Secretariat meeting. Party leaders will be briefed on the issue of wheat procurement in the consultative meeting.

It should be noted that a day earlier Nawaz Sharif and Chief Minister Maryam Nawaz had presided over a meeting regarding wheat procurement.

The sources said, during the meeting, reorganization of the party will also be discussed and preparations for the PML-N general council meeting on May 11 will also come under discussion in the consultative meeting.

Earlier on Friday, during a consultative meeting of the PML-N, Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif  decided to hold accountable those who created wheat crisis in the country.

According to details, the meeting, held in Lahore under the chairmanship of Nawaz Sharif,  was attended by Chief Minister Punjab Maryam Nawaz, Rana Sanaullah, Khawaja Asif and other leaders.

During the meeting, Punjab Food Minister Bilal Yasin gave a briefing on the issue of wheat procurement and stated that the responsibility of the wheat crisis lies with those who imported wheat from abroad.