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Pakistan Raises Lawmakers’ Pay to Rs1.3 Million Following IMF Bailout

Backdated to January, the raise includes a 50% temporary allowance that aims to offset surging inflation.

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Overview

  • The Ministry of Parliamentary Affairs issued a notification on May 29 making the salary increase retroactive to January 1, 2025.
  • Monthly base pay for the National Assembly speaker and Senate chairman climbed from Rs205,000 to Rs1.3 million.
  • The notification stipulates an added temporary allowance equal to 50% of the new salary for both officials.
  • In March, parliament approved hikes that lifted pay for federal ministers, state ministers, advisers, members of parliament and senators to Rs519,000 monthly.
  • The decision follows the IMF’s approval of a $1 billion bailout as part of a larger $2.1 billion program for an economy grappling with inflation exceeding 35%.