Government Employees get a shocking news
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The Khyber Pakhtunkhwa (KP) government has developed a set of recommendations aimed at addressing a severe financial crisis and averting default. One of the proposals under consideration is a substantial reduction of 25% in government employee salaries.
To assess the dire financial situation and explore potential solutions, a high-level meeting took place at the KP Finance Department. During this meeting, various recommendations were discussed, with a primary focus on mitigating the province's financial crisis. The sources suggest that these proposals will soon be presented to the caretaker chief minister for approval.
Among the options discussed in the meeting is the possibility of rolling back the 35% salary increase that government employees received in the current fiscal year. This rollback could result in monthly savings of approximately Rs9 billion for the province. Additionally, there is consideration of a 25% reduction in government employee salaries, which has the potential to save around Rs8 billion each month.
The provincial government finds itself in a challenging situation due to the ongoing financial crisis. As a result, they are actively exploring measures to reduce salaries in order to alleviate the situation.
Another option on the table involves discontinuing executive allowances, health professional allowances, and similar perks for government employees, which could lead to monthly savings of about Rs2 billion.
