Pakistan Government Jobs and Current Affairs: Key Updates

The Pakistan government has recently announced several key updates, including the formation of a new government in Gilgit-Baltistan (G-B) and the signing of a peace deal with Iran.

Key Updates

• The PPP is set to form the G-B government as Bilawal hails PM's support (Source: The Tribune)

The Pakistan government has also announced a reduction in petrol and diesel prices, with a cut of Rs4 and Rs2 per liter respectively.

Additionally, the salaried class has seen tax cuts and a pay raise, while the defence budget has been raised by 17.6%.

The government has also targeted a growth push with an outlay of Rs18.8 trillion, while the inflation-shielding subsidy budget has been axed by 8%.

The Pakistan Stock Exchange (PSX) has seen a significant surge of 2,700 points amid budget buzz, while experts have criticized the budget for lacking an export push and growth strategy.

Furthermore, the development outlay has been cut despite GDP growth, raising concerns about the government's priorities.