ISLAMABAD – The federal government will present the Budget 2024-25 today, June 12, with total outlay of Rs18,000 billion amid hopes that the federal employees would get significant increase in their salaries.

Finance Minister Muhammad Aurangzeb will table the budget, which mainly aims at winning a bailout package of $6 to $8 billion from the International Monetary Fund (IMF) to save the country from default.

Latest update suggest that the government is expected to raise the salaries of the employees by 20-25% in the budget for next fiscal year.

Expected Salaries in Pakistan from July 2024

If the reported proposal of 20-25% increase is approved by the parliament, the government employees would receive their salaries with increment accordingly from July 2024.

What is the expected salary increase for Pakistan in 2024?

The government is likely to increase the salaries of the federal employees from 20 to 25 percent in the budget, which will be unveiled today. Exact increase in salaries will be updated here as soon as it is announce by the government today.