The federal cabinet has approved a new Rs1.8 billion special allowance for senior bureaucrats, despite extending austerity measures for the 2026-27 fiscal year and announcing only a 7% salary increase for government employees. The decision has sparked debate over public sector pay disparities during a period of economic pressure. The newly introduced benefit, titled the...
Prime Minister Shehbaz Sharif has launched Pakistan’s first artificial intelligence-powered digital platform designed to replace paper-based operations in the Prime Minister’s Office (PMO), marking a significant step toward modernizing government administration. Named the Prime Minister’s Office System (PMOS), the platform integrates artificial intelligence into official workflows to streamline communication, monitor implementation of government directives and...
The federal government borrowed Rs272 billion from domestic banks during the first month of fiscal year 2025-26 (FY2026), despite recording a budget surplus, highlighting the country’s continued dependence on borrowing to meet financing and debt management requirements. The borrowing figures were released by the State Bank of Pakistan (SBP) and analyzed in a report....