On 10th June 2022, Friday the budget for the next year is going to be presented in the coming hours in the National Assembly. Miftah Ismail, Finance Minister of Pakistan will be the presenter. The federal cabinet meeting was arranged to review the budget proposal and the most obvious decision approved by all is the increase of 15% in salaries of federal government employees. The Government has also made a deliberate effort to increase the salaries and pensions of public sector employees but are subject to IMF approval.
The National Assembly will hold a meeting shortly for the announcement of Total budget outlay with its key features today. However, people are not expecting anything good from the government and are already preparing for more inflation, says the news media.
