• Download the Constitution of Pakistan
  • Advertise
WRITE FOR US
Economy.pk
No Result
View All Result
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
No Result
View All Result
Home Pakistan Politics

President Alvi wants increase in salary as country suffers from economic crisis

by Irsa
August 30, 2023
in Pakistan Politics, Politics
Reading Time: 2 mins read
President Alvi wants increase in salary as country suffers from economic crisis
Share on FacebookShare on Twitter

Dr. Arif Alvi Seeks Salary Increment, Official Records Show President’s Request for Two Raises, First from July 1, 2021, and Second from July 1, 2023.

The president is currently paid Rs846,550 per month and seeks a two-step rise to Rs10,24325 and Rs12,29,190 per month beginning in July 2021 and July 2023, respectively.

The President’s Secretariat requested an amendment to the Fourth Schedule of the President’s Salary Allowances and Privileges (Amendment) Act, 2018, in a letter written to the Secretary Cabinet through his Military Secretary earlier this month, to allow the president’s salary, a) Rs1,024,325 per month with effect from July 1, 2021, and b) Rs1,229,190 per month with effect from July 1, 2023.

According to the letter, “In accordance with paragraph 3(2) of the President’s Salary, Allowances, and Privileges (Amendment) Act 2018, as published in the Gazette Notification (Part I), the President’s remuneration shall be a symbolic one rupee higher than the salary of any holder of Public Office in relation to Federation affairs.” As a result, the honorable President’s monthly salary was established at Rs846,550/- in 2018, as represented in the Fourth Schedule of the Act ibid.”

“It is highlighted that the salary of the Chief Justice of Pakistan as a holder of Public Office has been increased twice in the last two years through Presidential Orders,” the Presidency continued. The pay of the Chief Justice of Pakistan was determined at Rs1,024,324 per month beginning July 1, 2021, and then at Rs1,229,189 beginning July 1, 2023. The President’s pay was not increased in accordance with the established standard of one rupee more than the income of any holder of public office, namely the Chief Justice of Pakistan.”

Based on the foregoing, the Presidency requested that the Fourth Schedule of the President’s Salary Allowances and Privileges (Amendment) Act 2018 be amended accordingly.

The Cabinet Division referred the case to the Law Ministry, which on August 18 advised the former to process the case for a raise in Alvi’s salary. The Law Ministry said, “The Federal Government by virtue of section 3(2) of the same Act has the power to amend that Schedule by way of a notification in the official gazette henceforth in relation to the issue at hand the Federal Government is competent to amend the Fourth Schedule by way of gazette notification and no amendment in the Fourth Schedule is required via an amending Act to effectuate a revision in the salary of the President.”

The matter was also referred to the Finance Division, which backed the proposed increase in the president’s pay through an amendment to the Fourth Schedule of the President (pay, Allowances, and Privileges) Act, 1975, on August 22.

The topic will be referred to the cabinet for approval. The president will receive not only the planned hikes but also a sizable arrears payment, as two-step raises will be permitted beginning in July 2021 and July 2023, respectively.

Tags: economic crisislatestPresident Alvi
Irsa

Irsa

Related Posts

Zaka Ashraf included in PPP’s parliamentary board for general elections

Zaka Ashraf included in PPP’s parliamentary board for general elections

Zaka Ashraf, the Interim Management Committee head of the Pakistan Cricket Board (PCB), has been named to the Pakistan Peoples'...

LHC seeks reply from govt over fuel price hike

LHC seeks reply from govt over fuel price hike

 Lahore High Court (LHC) on Friday demanded a response from the caretaker administration and others on a petition challenging the...

Elections to be held in last week of January, says ECP

Elections to be held in last week of January, says ECP

The Election Commission of Pakistan (ECP) declared on Thursday that general elections would be held in the last week of...

CJP Isa fines lawyer for wasting court’s time

CJP Isa fines lawyer for wasting court’s time

On Thursday, Chief Justice of Pakistan (CJP) Justice Qazi Faez Isa punished a lawyer for squandering the court's time. According...

NAB moves to reopen graft cases against political bigwigs after SC order

NAB moves to reopen graft cases against political bigwigs after SC order

Following the Supreme Court's decision to strike down the anti-graft law modifications, the National Accountability Bureau (NAB) decided in principle...

IMF wants Pakistan to tax the rich to protect poor

IMF wants Pakistan to tax the rich to protect poor

The International Monetary Fund (IMF) encouraged Pakistan on Wednesday to tax the wealthiest in order to provide relief to the...

Next Post
Inflated electricity bills: IMF asks Pakistan to share relief plan in writing

Inflated electricity bills: IMF asks Pakistan to share relief plan in writing

Recent Posts

  • At least 20 injured in Sheikhupura train crash
  • New Zealand expands Green List and these professionals are eligible for fast track residency
  • Ireland Govt announces Paid Postgraduate Scholarships 2024 for international students including Pakistan
  • Gautam Gambhir expects Babar Azam to shine in World Cup
  • IT Ministry Started Preparations For the Launch of 5G Services

Advertisement

Twitter

Economy.pk

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Categories

  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos

Privacy & Legal

  • Privacy Policy
  • Cookies

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • About
  • Advertise
  • Contact

© 2023 Economy.pk

No Result
View All Result
  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 Economy.pk