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 |
Punjab unveils Rs5.446 trillion Budget 2024-25 with focus on development, welfare