AGL 39.54 Decreased By ▼ -0.46 (-1.15%)
AIRLINK 127.90 Decreased By ▼ -1.16 (-0.9%)
BOP 6.83 Increased By ▲ 0.08 (1.19%)
CNERGY 4.70 Increased By ▲ 0.21 (4.68%)
DCL 8.50 Decreased By ▼ -0.05 (-0.58%)
DFML 41.57 Increased By ▲ 0.75 (1.84%)
DGKC 82.95 Increased By ▲ 1.99 (2.46%)
FCCL 33.02 Increased By ▲ 0.25 (0.76%)
FFBL 74.00 Decreased By ▼ -0.43 (-0.58%)
FFL 11.92 Increased By ▲ 0.18 (1.53%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.45 Increased By ▲ 0.70 (5.09%)
KEL 5.23 Decreased By ▼ -0.08 (-1.51%)
KOSM 7.65 Decreased By ▼ -0.07 (-0.91%)
MLCF 39.00 Increased By ▲ 0.40 (1.04%)
NBP 64.00 Increased By ▲ 0.49 (0.77%)
OGDC 194.25 Decreased By ▼ -0.44 (-0.23%)
PAEL 25.77 Increased By ▲ 0.06 (0.23%)
PIBTL 7.35 Decreased By ▼ -0.04 (-0.54%)
PPL 155.35 Decreased By ▼ -0.10 (-0.06%)
PRL 25.94 Increased By ▲ 0.15 (0.58%)
PTC 18.00 Increased By ▲ 0.50 (2.86%)
SEARL 82.55 Increased By ▲ 3.90 (4.96%)
TELE 7.75 Decreased By ▼ -0.11 (-1.4%)
TOMCL 33.26 Decreased By ▼ -0.47 (-1.39%)
TPLP 8.51 Increased By ▲ 0.11 (1.31%)
TREET 16.50 Increased By ▲ 0.23 (1.41%)
TRG 56.90 Decreased By ▼ -1.32 (-2.27%)
UNITY 27.63 Increased By ▲ 0.14 (0.51%)
WTL 1.38 Decreased By ▼ -0.01 (-0.72%)
BR100 10,556 Increased By 111.1 (1.06%)
BR30 31,363 Increased By 173.8 (0.56%)
KSE100 98,466 Increased By 667.8 (0.68%)
KSE30 30,710 Increased By 228.9 (0.75%)

This is apropos a Business Recorder news item "Pension challenge: Govt won't be able to foot the bill: top MoF official" carried by the newspaper on Sunday. The report states that Secretary Finance Tariq Bajwa has said that the government will not be able to meet the expenditure on account of pension bill - presently Rs 245 billion - in coming years.
"Pension bill is becoming such a burden that government would not be able to meet the expenditure in next few years," he reportedly said in response to Senator Sirajul Haq proposal that "pension of senior citizens should be increased to 80 percent," the report adds. The government is not able to foot the pension bill; it cannot provide a huge number of people clean drinking water and sanitation; and it has promoted private education and private healthcare by virtually abandoning these key social sectors. Unfortunately, however, it is greatly annoyed by appearance of prime minister's sons before the Panama Papers JIT although Hussain Nawaz says his father believes in supremacy of rule of law.

Comments

Comments are closed.