For the first time in history, the country’s most populous province witnessed its first-ever presentation of a budget by a caretaker government as Naqvi-led Punjab administration unveiled the fiscal year 2023-24 budget with Rs1,719bn outlay for four months.
Addressing a presser in Lahore, Interim Punjab Information Minister Aamir Mir said that the budget was approved following a cabinet nod, adding Rs719 billion has been allocated for for salaries and pensions.
The minister also announced salaries of government employees have been increased by 30%, adding pensioners above 80 years old will enjoy 20pc increase while below 5pc.
“A journalist endowment fund of one billion rupees has been established, “ added Aamir Mir.
