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Sindh Budget 2024-25: Govt employees to get 30pc salary increase this year?

10:02 AM | 14 Jun, 2024
sindh budget 2024-25
Source: File Photo

KARACHI – Sindh government ministers hinted at major relief for government employees ahead of the provincial budget 2024-25.

The provincial government is expected to unveil a budget today that includes up to a 30 percent increase in government employee salaries and no new taxes.

Sindh Budget 2024-25

The budget session of the Sindh Assembly will start after Friday prayers, with Chief Minister Syed Murad Ali Shah, also the provincial finance minister, presenting the budget. 

Energy Minister Syed Nasir Hussain Shah outlined that PPP government aims to provide relief to the salaried class and the poor in the budget. He further mentioned that President Asif Ali Zardari and PPP Chairman Bilawal Bhutto desire salary increases to be proportionate to inflation.

The budget's priorities include providing water facilities, low-cost electricity, and avoiding imposing new taxes, as per Bilawal Bhutto's wishes.

Last year, the Sindh government approved a Rs2.25 trillion budget for 2023-24, proposing a substantial salary increase aligned with the federal budget and a significantly higher development expenditure of Rs700 billion, accounting for 31% of the outlay.

Daily Pakistan Global Web Desk

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US Dollar, Euro, Pound, Dirham, Riyal Rate in Pakistan Today Open Market Rates - 15 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 15, 2024 (Monday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 279.8 for buying and 280.75 for selling. Euro's buying rate moves up to 301.25 and selling rate is 303.15.

British Pound rate is 355.15 for buying, and 358.65 for selling. UAE Dirham AED was at 76.5 and Saudi Riyal lowered to 73.65.

Currency Rates Today

Source: Forex Association of Pakistan. (last update 08:00 AM)       
Currency Symbol Buying Selling
US Dollar USD 279.8 280.75
Euro EUR 301.25 303.15
UK Pound Sterling GBP 355.15 358.65
U.A.E Dirham AED 76.5 77.25
Saudi Riyal SAR 73.65 74.37
Australian Dollar AUD 184.55 186.35
Bahrain Dinar BHD 741 749
Canadian Dollar CAD 203.75 205.75
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 3.33 3.43
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 26.5 26.8
Swiss Franc CHF 309.15 311.65
Thai Bhat THB 7.5 7.65



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