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MPs call for climate actions to counter challenges
July 13, 2021
Islamabad : The parliamentarians hailing from all leading political parties have agreed on undertaking climate actions based on a long-term sustainable approach to counter emerging challenges and threats from Climate Change including in the areas of food, water and energy security.
The MPs were participating in a consultation on ‘Impacts of Climate Change across different sectors of Pakistan,’ organised by Sustainable Development Policy Institute here Monday.
MPs thought shifting towards clean energy is the need of the hour for being the safest, reliable, and efficient means of energy production.
Rukhsana Naveed, parliamentary secretary, Ministry of Climate Change, urged both the treasury and opposition benches to work together to better respond to all the climate-related challenges. She said that both sides can work under a Green Parliamentarian Caucus in the Parliament on the cause of Climate Change to save
Current revenue footing bill of rising pensions to be unsustainable
July 10, 2021
ISLAMABAD: Pakistan’s pension bill has gone up by 92 percent at the federal level while it ballooned in the range of 78 to 113 percent among the four provinces during the last five years, indicating that this monster was increasing at a supersonic speed, making it unsustainable.
“Both nominal and real pension burdens have seen an increasing trend. The amount of federal pension has increased around 18pc annually in real terms (Economic Survey of Pakistan, 2020).
Over the past five years, all the provinces have seen growth in annual pension bill ranging from 78-113pc,” it was the crux of the report titled “Government Pension and Fiscal Sustainability” prepared by Foreign Commonwealth and Development Office (FCDO)’s Sustainable Energy and Economic Development (SEED) Programme in collaboration with the Sustainable Development Policy Institute (SDPI) for the PTI led provincial KP governme
Current revenue footing bill of pensions unsustainable
July 10, 2021
ISLAMABAD: Pakistan’s pension bill has gone up by 92 percent at the federal level while it ballooned in the range of 78 to 113 percent among the four provinces during the last five years, indicating that this monster was increasing at a supersonic speed, making it unsustainable.
“Both nominal and real pension burdens have seen an increasing trend. The amount of federal pension has increased around 18pc annually in real terms (Economic Survey of Pakistan, 2020). Over the past five years, all the provinces have seen growth in annual pension bill ranging from 78-113pc,” it was the crux of the report titled “Government Pension and Fiscal Sustainability” prepared by Foreign Commonwealth and Development Office (FCDO)’s Sustainable Energy and Economic Development (SEED) Programme in collaboration with the Sustainable Development Policy Institute (SDPI) for the PTI led provincial KP government.
Current revenue footing bill of rising pensions unsustainable
July 10, 2021
ISLAMABAD: Pakistan’s pension bill has gone up by 92 percent at the federal level while it ballooned in the range of 78 to 113 percent among the four provinces during the last five years, indicating that this monster was increasing at a supersonic speed, making it unsustainable.
“Both nominal and real pension burdens have seen an increasing trend. The amount of federal pension has increased around 18pc annually in real terms (Economic Survey of Pakistan, 2020). Over the past five years, all the provinces have seen growth in annual pension bill ranging from 78-113pc,” it was the crux of the report titled “Government Pension and Fiscal Sustainability” prepared by Foreign Commonwealth and Development Office (FCDO)’s Sustainable Energy and Economic Development (SEED) Programme in collaboration with the Sustainable Development Policy Institute (SDPI) for the PTI led provincial KP government.