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Shehbaz Sharif raises minimum wage of govt employees to Rs25,000

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  • The decision is applicable from April 1, 2022.
  • Shehbaz announces 10% increase in civil, military pensions.
  • Newly elected PM says the parliament’s security committee would be given a briefing on the “threat letter”.

ISLAMABAD: In his first speech in the National Assembly as the prime minister of Pakistan, Shehbaz Sharif Monday raised the minimum wage of government employees to Rs25,000 which is applicable from April 1.

He further announced that 10% salaries will be increased of all people earning less than Rs 100,0000 per month, with effect from April 1. Shehbaz also announced a 10% increase in civil and military pensions of retired employees.

Following the ouster of PTI chairman Imran Khan from the office of the prime minister, the Opposition’s joint candidate Shehbaz Sharif was elected as the 23rd premier of Pakistan today.

Shehbaz secured 174 votes as opposed to PTI’s candidate Shah Mahmood Qureshi, who received no votes after his party decided to boycott the polling process.

The premier mentioned that it was for the first time in the history of Pakistan that a prime minister was ousted through the no-confidence motion.

Among other relief measures, PM Shehbaz said that cheap wheat will be introduced at utility stores, laptops will be provided to the youth, and Benazir Card will be introduced.

‘We need to wash out the effects of previous govt’

Regarding the economy of Pakistan, Shahbaz said if Pakistan were to progress, then it needs to be self-sufficient on the financial front.

“…we will need to protect and respect the nation as neither was anyone a traitor nor are they traitors now,” the prime minister said, noting if Pakistan’s economy were to move forward, then, the government will have to use “dialogue” and not move towards a deadlock.

PM Shehbaz Sharif said hard work was required for Pakistan’s progress as if only statements could move the country forward, then during PTI’s tenure, “we would have been among the leading nations.”

“We will need to wash out the effects of the previous government by working together, otherwise, we will fail […] our economy is in a bad situation right now,” the prime minister said.

Shehbaz said the new government would take steps to make Pakistan an “investment heaven” for investors as he noted their capital would help the country move forward.

He announced that despite Punjab “being the elder brother” if all the other provinces remain behind in terms of development, then it is not Pakistan’s development, it was just a single province’s development.

“…this servant of Pakistan vows to make sure that Pakistan will develop and not just Punjab,” Shehbaz said.

He said the government would reintroduce the Benazir Card and interlink it with the education sector in a bid to facilitate people whose children go to school.

“Our children should be equipped with great knowledge […] we will reintroduce this programme with consultation,” he said and lashed out at the PTI government for discontinuing it.

In-camera briefing on ‘threat letter’ 

The newly-elected prime minister said the Opposition was discussing the no-confidence motion days before Imran Khan’s “concocted threat letter controversy”.

“They say that this letter came to them on March 7, but our decisions were made way before that, so, if [what the previous government claimed] is a lie, then the matter should be disclosed transparently before the public,” he said.

Therefore, PM Shehbaz Sharif announced that the parliament’s security committee would be given a briefing on the “threat letter” to the members of the committee in presence of the armed forces personnel and bureaucrats — the director-general Inter-Services Intelligence, foreign secretary, and the ambassador who wrote it, who has now been transferred to Brussels.

“If there’s an iota of evidence that we were backed by foreign conspirators […] then with you Mr speaker and God as my witness, I will not think for another second and resign from the office of the prime minister,” PM Shehbaz Sharif said, vowing to hold an in-camera session of the security committee at the earliest.

The prime minister thanked his brother and ex-premier Nawaz Sharif for his support, while also lauding social media activists, press clubs, media houses, and lawyers for backing the Opposition’s struggle for democracy.

Take on foreign policy

Speaking about foreign policy, Shehbaz said China has been Pakistan’s partner through thick and thin. “No one can snatch Pakistan and China’s friendship from us,” he said, calling it a “long-lasting relation.”

He also reiterated that China-Pakistan Economic Corridor (CPEC) will be carried forward and the projects will move forward at a faster pace.

On relations with the United Kingdom, Shehbaz said that bilateral relations need to move forward as millions of Pakistanis live there, adding that the UK provided funding for education in all four provinces. Meanwhile, Shehbaz also maintained that relations with the US must also be established on equal grounds.

Speaking about India, the newly-elected prime minister lamented that despite them wanting peaceful ties with India, they know that until the Kashmir issue is resolved, relations between the two cannot be strengthened.

“Urging Indian premier Narendra Modi to understand the issues of the people living on both the sides; there is poverty, unemployment, medical issues, etc,” he said, questioning “why harming ourselves and the generations to come?”

He said Modi should come forward and resolve the Kashmir issue according to the will of the Kashmiris and reiterated that his government will continue to raise its voice for the people of Kashmir.

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Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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