How much percentage of pensions was increased for Government employees under 2019-20 budget?
Correct answer: B. 10%
- A. 8%
- B. 10%
- C. 14%
- D. 15%
Explanation
Government employees' pensions were increased by 10 percent under the 2019-20 budget. This percentage applied to pensions and should not be confused with separate salary adjustments.
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About Economy and Budget
Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.
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