Pakistan, IMF agree to raise Govt employees’ salaries in budget

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Pakistan, IMF agree to raise Govt employees’ salaries in budget

ISLAMABAD-Pakistan and the International Monetary Fund (IMF) have finally reached consensus agreement over the issue of increase in salaries of government employees in the upcoming 2020-21 fiscal year budget.

According to details, the third round of budget talks between Pakistan and IMF was held in Islamabad in which IMF was agreed over the increase in salaries of government employees.

Pakistan has also managed to persuade the IMF for an increase in pension of retired employees. The International Monetary Fund has also agreed on not increasing electricity bills and gas tariff till October.