ISLAMABAD: On the instructions of the Prime Minister Shehbaz Sharif, the federal finance department Thursday notified a 10 percent increase in pension.

Prime Minister Shehbaz Sharif approved the increase in pension of government servants. The increase in pension will be in effect from April 1st. Following his election, Shehbaz announced several policy measures, in his inaugural speech in the parliament, he intended to take over as the prime minister, with a particular focus on the economy.

The measures include minimum wage to be increased to Rs25,000 from April 1 and 10pc increase in pensions from April 1 and wheat flour to be made available at a reduced price under a Ramazan package. However, former finance minister and PMLN leader from Karachi Miftah Ismael on Wednesday said since the salaries were raised a couple of months ago, the government is not raising them again.