Govt Lifts Cap on Bureaucrats' Fee

Cash-strapped Pakistan allows bureaucrats to earn unlimited fees for corporate board meetings

With Pakistan facing persistent economic turmoil and fiscal challenges, its government has seen fit to give bureaucrats some benefits by lifting a cap on earnings for attending corporate board meetings

Govt lifts cap on bureaucrats' fee

The federal cabinet has withdrawn its one-year-old decision to cap the board fees of top bureaucrats at a cumulative Rs1 million per annum after an overwhelming majority of them did not obey the decision. Prime Minister Shehbaz Sharif and Deputy Prime Minister Ishaq Dar were the driving force behind the federal cabinet's decision in June 2024 to limit the fee at Rs1 million and surrender the surplus amount to the national kitty. The board fee go…

Govt lifts bar on corporate earnings of bureaucrats

ISLAMABAD: The government on Monday opened an avenue for senior bureaucrats to amass virtually unlimited financial gains, while simultaneously imposing austerity measures on these very entities. In a notification, the finance ministry said that an earlier order dated July 10, 2014 which capped earnings through board meetings of corporate entities at Rs1 million per annum, stood “withdrawn ab-initio” — meaning it was never issued. The order, issu…

Govt officials on boards of cos: remuneration restriction lifted

ISLAMABAD: The federal government has withdrawn the July 2024 restriction on government officials receiving more...