Islamabad: Federal Cabinet meeting was held under the chairmanship of Prime Minister Shahbaz Sharif. The budget proposals were presented in the meeting, on which the Cabinet gave its approval to present the Finance Bill 2024-2025 in the National Assembly.
In the cabinet meeting, the package was approved for farmers, youth, industries, all the schemes will be announced by the federal finance minister in his budget speeches in the next financial year.
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The cabinet approved a 25 percent increase in the salaries of employees in grades 1 to 16 and 22 percent in grades 17 to 22. Similarly, the pension will be increased by 15%. The cabinet approved the proposal to increase the minimum monthly issue from 32 thousand to 37 thousand.