Who earns how much? Salaries of Pakistan’s top officials revealed
Why this matters: local context for readers following news across Pakistan and the region.
ISLAMABAD – Officials documents have revealed details of monthly salaries and perks received by heads of various government and semi-government institutions in Pakistan. Reports claimed that some executives are drawing over Rs10 million per month. The managing director of Pak-Kuwait Investment Company receives a monthly salary of Rs15.3 million, while the MD of Pak-Oman Investment Company earns Rs12.8 million. The MD of Pak-Iran Investment Company is reported to be drawing Rs9.7 million per month. Additionally, the managing director of Pak-Libya Holding Company Limited earns around Rs8.8 million per month. The chairman of the Securities and Exchange Commission of Pakistan (SECP) receives a monthly salary of over Rs3.6 million, while the chairman of the Competition Commission of Pakistan (CCP) earns around Rs1.1 million. The President of Zarai Taraqiati Bank Limited is reportedly drawing a salary of about Rs5.4 million per month. The records further show that the president of EXIM Bank earns Rs5 million monthly, while the president of First Women Bank receives over Rs2.2 million. The CEO of Pakistan Single Window is stated to be getting a monthly salary of Rs2.6 million along with an additional allowance of Rs89,000. According to the documents, the CEO of PRAL is receiving a monthly salary of Rs5.2 million, along with a 15 percent allowance on his pay package. The finance ministry also revealed that the Governor of the State Bank of Pakistan (SBP) draws a salary of Rs4 million, while the president of the National Bank of Pakistan (NBP) earns around Rs9 million per month.