Due to Financial crisis Govt directs AGPR to ‘stop’ salaries. As per current economic crunch and country’s worsening financial condition, the ministry of Finance and Revenue instructed Accountant General Pakistan Revenues (AGPR) to cease the clearing of bills, plus salaries.
The ministry also directed to stop the clearings of attached departments until further notice.
Official sources confirmed to The News on Friday night that the operational cost-related issues faced problems chiefly due to the economic sufferings of the country.
Communicating Finance Division officials for a comment, the reporter not received any response. Though, Ishaq Dar contacted for a comment. The minister said it might be wrong but promised to confirm it later. Still, this correspondent did not get any reply till the filing of this report by 1 am on Saturday.
Sources said that they went to the AGPR office for clearance of their outstanding bills but informed that the Ministry of Finance had directed them to stop clearing all the bills, plus the salaries, because of the main difficult financial positions.
The main reasons not determined why the clearance of bills stopped on an instant basis.
The remaining financial difficulties quoted as a significant reason behind this move. The sources said the salaries and pensions of defense-related institutions already cleared for next month.
Ishaq Dar whereas meeting on February 22 with a designation of M/s Rothschild & Co said “the government routing the economy towards strength and growth adding that “the government committed to complete the International Monetary Fund (IMF) program and fulfilling all international obligations.”
Dar’s pledge to unlock the IMF tranche seen on February 20. When the National Assembly had totally approved the Finance (Supplementary) Bill 2023 or ‘mini-budget’ — a move mandatory for seeking the $1.1 billion tranche of the IMF.
Due to Financial crisis Govt directs AGPR to ‘stop’ salaries. The bill rises sales tax from 17 to 25% on imports. Ranging from cars and household appliances to chocolates and cosmetics. A general sales tax was higher from 17% to 18%.
Read More: ECP Denotified Imran Khan from Six NA Seats
“The prime minister also unveil austerity measures in the next few days.” The minister told the lower house of parliament as the bill was passed, adding “we will have to take difficult decisions”.