It has become difficult to release the salaries of KP employees before Eid, there is a risk of default

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The financial crisis has become severe in Khyber Pakhtunkhwa, it has become difficult for the caretaker government to release salaries to government employees before Eid.

According to the details, the important meeting of the provincial cabinet in charge of the payment of salaries and pensions of government employees in Khyber Pakhtunkhwa will be held today. It has become difficult for the government to issue salaries and pensions before Eid because the provincial government does not have enough money in the treasury. The caretaker cabinet meeting will consider the proposal to release salaries in the month of April and pensions in the month of May. Sources say that if the salaries and pensions are released before Eid, the province will default, to avoid this situation. The provincial government has to borrow.

According to the sources, the provincial government has to pay about 45 billion rupees for the salaries and pensions of the government employees, the government has the option of borrowing at 21 percent interest rate. On the other hand, according to private channel sources, Khyber Pakhtunkhwa government has decided not to pay salaries to government employees.

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