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Govt notifies ‘executive allowance’ for officers

by Web Desk
July 20, 2022
in Finance
0
Govt notifies ‘executive allowance’ for officers
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Despite the difficult financial situation and poor economic indicators, the federal government has announced a significant financial benefit – up to 150% – via an ‘executive allowance’ for government officers working in the federal secretariat and Islamabad Capital Territory (ICT) Field Administration.

The notification issued by the Finance Division on Tuesday night stated that there will be a 150 per cent raise in the running basic salaries of all government officers in grades 17 to 22 with effect from July 1, 2022.

After approval of this allowance, the top bureaucrats are expected to receive a raise between Rs150,000 and Rs200,000.

This increase is in addition to the 15pc pay raise an­­nounced by the government in the federal budget passed by the National Assembly, only three weeks ago.

According to the notification, the allowance will be admissible to all the officers posted by the Establishment Division against sanctioned posts of section officers, de­­puty secretaries, joint secretaries, senior joint secretaries, additional secretaries, additional secretaries (in-charge), special secretaries and secretaries in the federal secretariat (ministries/divisions), PM Office and President’s Secretariat.

This allowance will also be admissible to officers po­­sted as ACs, additional DCs, DC and chief commissioner in ICT field administration.

“Officers assigned to the positions mentioned above will not be eligible to receive deputation allowances or any other allowance or compensation, by whatever name called, that is specific to their cadre or organization,” said the notification. It went on to say that those receiving “executive allowance” will not be eligible to receive any of the existing Disparity Reduction Allowance.

Tags: executive allowanceFinance Divisionfinancial situationlatest
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