Govt employees given major housing relief

The Federal Cabinet on Tuesday green lighted 44 per cent increase in the current house rent ceiling of the government employees, aimed at providing major relief to public servants in the wake of high rates of houses fares in the major cities especially in Islamabad.
The increase would be applicable to the federal government employees from grade 1 to 22, Minister for Information and Broadcasting Chaudhry Fawad Hussain told media persons after a meeting of the Federal Cabinet chaired by Prime Minister Imran Khan.
He said the initiative was taken after reviewing the increase in the houses’ fares in major cities. Such practice was repeated after every three years, he added.
About inflation, he said the issue was discussed in detail during the meeting which was told that there were the lowest prices for petroleum products in the country as compared to the world. Gas prices in Pakistan were lower than of Qatar which was one of the major exporters of the commodity, he added.
Related stories
BusinessAurangzeb Reaffirms Stability, Meets Banks and UNDP Chief
BusinessPakistan to Chair World Bank, IMF Boards in 2027
BusinessOil Shipping Costs Soar, Adding to Global Prices
BusinessAurangzeb Discusses M6 Motorway Financing With OPEC Fund
BusinessPakistan, World Bank Agree to Deepen Cooperation
Business