AIRLINK 179.61 Decreased By ▼ -2.53 (-1.39%)
BOP 11.52 Decreased By ▼ -0.11 (-0.95%)
CNERGY 7.98 Decreased By ▼ -0.23 (-2.8%)
FCCL 46.62 Decreased By ▼ -0.55 (-1.17%)
FFL 16.61 Increased By ▲ 0.44 (2.72%)
FLYNG 28.58 Increased By ▲ 0.06 (0.21%)
HUBC 141.07 Decreased By ▼ -2.15 (-1.5%)
HUMNL 13.15 Decreased By ▼ -0.26 (-1.94%)
KEL 4.51 Decreased By ▼ -0.11 (-2.38%)
KOSM 6.25 Increased By ▲ 0.09 (1.46%)
MLCF 59.40 Increased By ▲ 0.15 (0.25%)
OGDC 227.35 Increased By ▲ 0.54 (0.24%)
PACE 5.96 Decreased By ▼ -0.09 (-1.49%)
PAEL 48.18 Decreased By ▼ -0.05 (-0.1%)
PIAHCLA 18.39 Decreased By ▼ -1.00 (-5.16%)
PIBTL 10.47 Decreased By ▼ -0.25 (-2.33%)
POWER 11.53 Decreased By ▼ -0.04 (-0.35%)
PPL 191.38 Decreased By ▼ -0.89 (-0.46%)
PRL 38.14 Decreased By ▼ -0.99 (-2.53%)
PTC 24.31 Increased By ▲ 0.06 (0.25%)
SEARL 99.96 Decreased By ▼ -2.00 (-1.96%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 38.02 Increased By ▲ 0.29 (0.77%)
SYM 15.44 Decreased By ▼ -0.19 (-1.22%)
TELE 8.01 Decreased By ▼ -0.09 (-1.11%)
TPLP 11.10 Increased By ▲ 0.14 (1.28%)
TRG 68.21 Decreased By ▼ -0.32 (-0.47%)
WAVESAPP 11.16 Increased By ▲ 0.15 (1.36%)
WTL 1.40 Decreased By ▼ -0.02 (-1.41%)
YOUW 3.93 Increased By ▲ 0.14 (3.69%)
AIRLINK 179.61 Decreased By ▼ -2.53 (-1.39%)
BOP 11.52 Decreased By ▼ -0.11 (-0.95%)
CNERGY 7.98 Decreased By ▼ -0.23 (-2.8%)
FCCL 46.62 Decreased By ▼ -0.55 (-1.17%)
FFL 16.61 Increased By ▲ 0.44 (2.72%)
FLYNG 28.58 Increased By ▲ 0.06 (0.21%)
HUBC 141.07 Decreased By ▼ -2.15 (-1.5%)
HUMNL 13.15 Decreased By ▼ -0.26 (-1.94%)
KEL 4.51 Decreased By ▼ -0.11 (-2.38%)
KOSM 6.25 Increased By ▲ 0.09 (1.46%)
MLCF 59.40 Increased By ▲ 0.15 (0.25%)
OGDC 227.35 Increased By ▲ 0.54 (0.24%)
PACE 5.96 Decreased By ▼ -0.09 (-1.49%)
PAEL 48.18 Decreased By ▼ -0.05 (-0.1%)
PIAHCLA 18.39 Decreased By ▼ -1.00 (-5.16%)
PIBTL 10.47 Decreased By ▼ -0.25 (-2.33%)
POWER 11.53 Decreased By ▼ -0.04 (-0.35%)
PPL 191.38 Decreased By ▼ -0.89 (-0.46%)
PRL 38.14 Decreased By ▼ -0.99 (-2.53%)
PTC 24.31 Increased By ▲ 0.06 (0.25%)
SEARL 99.96 Decreased By ▼ -2.00 (-1.96%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 38.02 Increased By ▲ 0.29 (0.77%)
SYM 15.44 Decreased By ▼ -0.19 (-1.22%)
TELE 8.01 Decreased By ▼ -0.09 (-1.11%)
TPLP 11.10 Increased By ▲ 0.14 (1.28%)
TRG 68.21 Decreased By ▼ -0.32 (-0.47%)
WAVESAPP 11.16 Increased By ▲ 0.15 (1.36%)
WTL 1.40 Decreased By ▼ -0.02 (-1.41%)
YOUW 3.93 Increased By ▲ 0.14 (3.69%)
BR100 12,596 Decreased By -35.4 (-0.28%)
BR30 39,133 Decreased By -311 (-0.79%)
KSE100 118,442 Decreased By -327.6 (-0.28%)
KSE30 36,376 Decreased By -156.5 (-0.43%)

ISLAMABAD: The federal cabinet on Friday approved a significant increase in the salaries and allowances of federal ministers, ministers of state, advisers and special assistants to the prime minister by up to 188 percent.

The sources privy to the development told Business Recorder that the federal ministers endorsed a proposal for salary increments for themselves and ministers of state, etc by issuing a circular from their respective ministries.

An amendment to the Federal Ministers and Ministers of State (Allowances and Salaries) Act, 1975 was passed to facilitate the increases.

As a result of the new bill, the revised salary for a federal minister, minister of state, and adviser will now be Rs519,000.

Previously, federal ministers were receiving Rs200,000, while ministers of state were getting Rs180,000.

NA panel approves raise in salaries of MPs

This decision represents a substantial 159 percent increase in the salaries of federal ministers, with ministers of state and advisers getting an increment of up to 188 percent.

The revised salary structure will be implemented immediately following the approval of the amendments.

In January of this year, the Finance Committee had also approved a raise in the salaries of MNAs and senators, elevating their monthly pay to Rs519,000 effective from January 1, 2025.

However, the salaries of the NA speaker and his deputy remained unchanged as the NA Standing Committee on Finance lacked the authority to adjust their pay.

They will continue to receive Rs218,000 per month, as confirmed by the Speaker’s Office.

A proposal recommending that the salaries and benefits of lawmakers be aligned with those of a federal secretary had been submitted to Prime Minister Shehbaz Sharif.

After getting the nod of National Assembly’s Finance Committee, the Speaker Ayaz Sadiq has forwarded the proposal to the prime minister. The proposal suggested fixing the monthly salary and allowances of MNAs and senators at Rs519,000.

Copyright Business Recorder, 2025

Comments

200 characters