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Budget 2024-25: Salary raise update for Punjab government employees

11:38 AM | 13 Jun, 2024
Budget 2024-25: Salary raise update for Punjab government employees
Source: File Photo

ISLAMABAD – Punjab government is presenting annual budget for fiscal year 2024-25, and the salary of public sector employees is also expected to increase.

The provincial government is expected to announce a salary increase of up to 25pc for employees of Grade 1 to 16 and up to 20 percent for senior officials.

The pension for retired employees is expected to increase by 15pc, following a proposal by the federal government in its budget.

Punjab government is also likely to raise the minimum wage for laborers in the province by Rs5,000 to Rs37,000.

Punjab Budget 2024-25

Sector Amount in billions 
Total Budget 5370
Federation Contribution (NFC) 3700
Revenue Target 1026
Salaries 595
Pensions 445
Projects 3726
Roads 2209
Special Education 18.389
Specialized Health Care 76.615
Primary Health Care 33.897
Population Welfare 3
Water Supply and Sanitation 8.99
Social Welfare 1.0579
Women Development 0.926
Local Government 14.048

Daily Pakistan Global Web Desk

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US Dollar, Euro, Dirham, Pound, Riyal Rate in Pakistan Today - Currency Rates 20 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 20, 2024 (Saturday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 279.15 for buying and 280.85 for selling. Euro's buying rate remains stable at 301.35 and selling rate is 303.25.

British Pound rate is 354.85 for buying, and 358.35 for selling. UAE Dirham AED was at 76.5 and Saudi Riyal lowered to 73.70.

Currency Rates Today

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.15 280.85
Euro EUR 301.35 303.25
UK Pound Sterling GBP 354.85 358.35
U.A.E Dirham AED 76.5 77.25
Saudi Riyal SAR 73.7 74.42
Australian Dollar AUD 184.75 186.55
Bahrain Dinar BHD 741.15 749.15
Canadian Dollar CAD 203.5 205.5
China Yuan CNY 38.35 38.75
Danish Krone DKK 40.05 40.45
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 36.05 36.05
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.25 917.35
Malaysian Ringgit MYR 58.95 59.75
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.39 77.09
Singapore Dollar SGD 202 204
Swedish Korona SEK 26.4 26.7
Swiss Franc CHF 309.05 311.55
Thai Bhat THB 7.5 7.65

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