New Delhi: When international locations internationally are battling towards the novel coronavirus, Pakistan Military has sought a bundle of Rs 6,367 crore from the federal government to extend the wage of Military personnel by 20 per cent. The hike in wage has been demanded within the wake of Pakistani forex’s decline and rising inflation.
The Pakistan Military has reportedly acknowledged that the wage of troopers must be hiked as they’re discovering it tough to deal with the scenario amid value rise. The Military reminded the federal government of its earlier promise to extend the salaries of officers as much as Brigadier rank by 5 per cent and of troopers by 10 per cent.
The omnipotent Pakistan Military’s demand has come at a time when individuals of Pakistan are passing via the worst section however the males in uniform are least involved with different points.
The Military has cited that the troopers are unable to run their home within the present wage, however the fact is that the Military has sufficient funds to empty cash to fireplace bullets on the Indian border, in addition to working different companies within the nation.
Within the 12 months 2016, a report stated that the Military invested greater than $100 billion in Pakistan’s personal sector enterprise. Its Business Wing, Shaheen Basis, has residential properties price over $20 billion or Rs 1.5 lakh crore.
The Pakistan Military reportedly runs firms in several sectors together with banking, meals, retail, superstores, cement, actual property, housing, building, personal safety service to insurance coverage corporations. Now, it is usually toying with the concept to enter into oil enterprise as effectively.
The Pakistan Military’s enterprise just isn’t affected by the nation’s protection price range, nonetheless, it’s crying for the dearth of funds.
The irony is that Pakistan has 33,000 instances of coronavirus and greater than 700 individuals have already misplaced their lives. Prime Minister Imran Khan has additionally acknowledged that Pakistan’s financial system just isn’t in a situation to resist the present financial strain because of the COVID-19 lockdown.
The European Union prolonged a monetary assist of $163 million to Pakistan, whereas the US gave help of $eight million to Pakistan to cope with the scenario arising out of coronavirus disaster.
In line with the Pakistan Institute of Improvement Economics, Pakistan has suffered an financial lack of about Rs 11,000 crore within the month of April solely because of the COVID-19 lockdown.
-- to zeenews.india.com