ISLAMABAD: Federal Finance Minister Ishaq Dar said on Saturday that the government was considering increasing employees’ salaries by ten percent in the upcoming budget.
According to a private news channel, the finance minister said the PML-N government had also decided to continue the BISP and a sufficient amount would be allocated for the programme.
A meeting of the Economic Advisory Council (EAC), held with Ishaq Dar in the chair, discussed all aspects of the national economy. The economic Advisory Council recommended various measures to bring about an improvement to different sectors of the economy.
The sub-group on energy presented its proposals related to the oil and gas sector with the aim of achieving lower cost of energy and to become self-sufficient in national needs.
The sub-group on industry and trade recommended diversification of the export base, moving away from the prime focus on textiles and rice and for promoting a non-agriculture based export industry. The sub-group on food security recommended establishment of a special task force on social safety nets.
The sub-groups on resource mobilisation and expenditure management and the social sector also submitted their recommendations to the council.
Speaking on the occasion, the finance minister said the social safety net was an area of priority for the government.
He said that 50 percent of the country’s population was living below the poverty line.
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