BR100 Increased By (1.93%)
BR30 Increased By (2.42%)
KSE100 Increased By (1.95%)
KSE30 Increased By (1.94%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.51 Decreased By ▼ -1.71 (-2.79%)
BOP 34.61 Increased By ▲ 0.93 (2.76%)
CNERGY 8.08 No Change ▼ 0.00 (0%)
DCL 12.05 Increased By ▲ 0.41 (3.52%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.52 Decreased By ▼ -0.11 (-1.95%)
FFL 18.05 Increased By ▲ 0.04 (0.22%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.07 Increased By ▲ 0.03 (0.27%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
MLCF 90.52 Increased By ▲ 4.01 (4.64%)
NBP 190.17 Increased By ▲ 5.87 (3.19%)
PACE 11.53 Decreased By ▼ -0.12 (-1.03%)
PAEL 41.07 Increased By ▲ 1.11 (2.78%)
PIAHCLA 25.84 Increased By ▲ 0.17 (0.66%)
PIBTL 17.51 Increased By ▲ 0.24 (1.39%)
PPL 225.84 Increased By ▲ 3.17 (1.42%)
PRL 34.63 Increased By ▲ 0.17 (0.49%)
PTC 64.62 Increased By ▲ 0.88 (1.38%)
SEARL 91.38 Increased By ▲ 0.92 (1.02%)
SSGC 26.97 Increased By ▲ 0.30 (1.12%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.16 Increased By ▲ 0.69 (1.01%)
TPLP 10.90 Decreased By ▼ -0.30 (-2.68%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.78 Decreased By ▼ -0.81 (-1.15%)
WAVES 11.16 Increased By ▲ 0.05 (0.45%)
WTL 1.27 No Change ▼ 0.00 (0%)
Top News

Cabinet approves salary boost of almost 2-1/2 times for MPs

Published November 24, 2016 Updated November 24, 2016 09:35am

imageISLAMABAD: Pakistan has approved a salary jump of nearly 2-1/2 times for its members of parliament, the information minister said, taking their pay to more than ten times the minimum wage.

Prime Minister Nawaz Sharif authorised the move on Wednesday, at a time when he faces public pressure, and court cases, over allegations in the Panama Papers data leak that his children owned offshore wealth.

Parliamentarians have received only two modest increases in the last 14 years, said Marriyum Aurangzeb, the junior minister for information and broadcasting.

"We have raised the pay of parliamentarians," Aurangzeb told reporters, adding that the monthly salaries would rise to 150,000 Pakistani rupees ($1,432) from October, versus about 61,000 rupees ($580) earlier.

The new salary, which far exceeds Pakistan's minimum wage of 14,000 rupees per month ($134), does not include perks, such as housing help.

Pay for federal ministers rose to 200,000 rupees from 126,387 rupees.

Federal lawmakers would still receive less pay than provincial parliamentarians, however, Aurangzeb said, adding that assembly members in the southwestern province of Baluchistan get about 300,000 rupees ($2,864).

"We have done an exercise, comparing the pay of federal MPs with their counterparts in the provincial assemblies and even after this rise, these rates are the lowest in Pakistan," the minister said.

Public support for Sharif's government was dented this year after documents released as part of the Panama Papers data leak appeared to show his children used offshore companies to buy properties in London.

He denies wrongdoing, as do his children.

A five-member bench of the Supreme Court, led by the chief justice, is hearing four petitions related to the allegations.

In May, the lower house of parliament unanimously passed a measure supporting the pay rise but the package needed the approval of the prime minister.

Copyright Reuters, 2016

Comments

Comments are closed for this article.