Budget2015-16: Govt. likely to increase salaries, pension by 10pc for public servants

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ISLAMABAD: Federal government is expected to allocate 575 billion rupees for the Public Sector Development Program (PSDP). The government is likely to increase salaries and pensions by 10 percent for government servants in the budget 2015-16.

A government official said that budget strategy papers (BSP) would be sent to federal cabinet for approval, next week. The budget will be announced in the first week of June.

The official said that around 760 billion rupees fund will be allocated for defense.