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The federal government has decided to pay its employees salaries before Eid-ul-Fitr, according to a statement released by the Ministry of Finance on Wednesday.

The development comes amid consultation from Prime Minister Shehbaz Sharif and Federal Minister for Finance Ishaq Dar. As per the statement, the government has also decided to pay monthly pensions before Eid.

Dar has directed the Finance Secretary to make immediate arrangements in this regard.

It is pertinent to mention that Eid is expected to fall on either April 21 or April 22.

Months of political and economic turmoil, worsened by crippling floods last year and record inflation, have put Pakistan among countries facing a debt crisis.

‘IMF indicates it has Saudi assurance of $2bn inflow to Pakistan’

China agreed to refinance $2 billion, of which $1.7 billion has already been credited to Pakistan’s central bank. China last month also rolled over a $2 billion loan, providing relief during Pakistan’s acute balance of payments crisis.

But talks with the IMF for a delayed $1.1 billion loan tranche, part of the bailout agreed upon in 2019, have dragged on and foreign exchange reserves have fallen to less than four weeks of imports.

Comments

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anonymous Apr 12, 2023 02:05pm
Dear Finance Director Please pay the salaries and pension of Radio Pakistan as they are not getting from February onwards. Thanks
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Yousaf Hyat Apr 12, 2023 02:28pm
Not far to the rest of country.
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Tulukan Mairandi Apr 12, 2023 03:17pm
Foreign service staff have not been paid since February, and are living off food stamps/ salvation army in overseas countries. This is nothing but an eyewash. In Pakistan people will be paid as DAR has ordered more money to be printed!
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KU Apr 12, 2023 07:30pm
Government employees are the only people living in Pakistan and are allowed a decent living. Daily wagers and private salaried class who are now unemployed are never mentioned nor given any importance.
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Pensioner Apr 13, 2023 04:48am
@anonymous, Do check with the bank for biometric verification (now mandatory every March and September). Otherwise, the account is presumed dormant!
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M ibrar Apr 13, 2023 05:36am
Help
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M ibrar Apr 13, 2023 05:37am
Help
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M ibrar Apr 13, 2023 05:37am
I'm not sure if my
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