Tag Archives: Armed Forces

The government has approved an additional Rs45 billion budget for the armed forces to enhance their capacity, particularly to secure Chinese interests and manage border fencing. This decision was made during the Economic Coordination Committee (ECC) meeting chaired by Finance Minister Muhammad Aurangzeb. Strengthening Defence and Border Management Out of the Rs45 billion budget, Rs35.4 billion will be allocated to …

Introduction of the Contributory Pension Fund Scheme The federal government has launched a new Contributory Pension Fund Scheme aimed at all civil employees, including those paid from Defence Estimates, who are appointed on a regular basis starting from July 1, 2024. This significant policy shift is designed to enhance the financial security of federal employees in their retirement years. Applicability …