In Pakistan, every month, the State Bank of Pakistan Governor Jameel Ahmad pays himself 4 million PKR. This is a considerable rise when considering Reza Baqir’s monthly salary of 2.5 million PKR for the same position. The increase in the wage denotes an improvement in the level of compensation offered for the position. The adjustment was made by Finance Minister Mohammad Aurangzeb’s response to a question raised by Pakistan Muslim League (N) ‘s MNA Tahira Aurangzeb. Presently, the Governor’s earnings outstrip that of ex-governors, which indicates a change in the compensation policy.
Comparison with Previous Governor State BankÂ
Reza Baqir, who served before Jameel Ahmad, earned PKR 2.5 million per month. Baquir ‘sady meager salary has been boosted by PKR 1.5 million, a 60% jump. Ahmad took office on August 26, 2022. And the salary increase is consistent with the present government’s zeal to reward salable Officials at the top level.
Extra Benefits And AllowancesÂ
We pay an attractive salary; the Governor of the State Bank has several other benefits also:
Housing And Residence Maintenance: The Governor is entitled to a rent allowance. And the State Bank pays the necessary costs on the maintenance and furnishing of the residence. This ensures that the basic welfare of the Governor is taken care of.
Vehicles And Fuel: The Governor has been given two cars both of which have assigned drivers and a fuel budget of 1200 litters a month. Each vehicle is encumbered with 600 litters of carburetor. The cars are varied but comprise for instance one hundred and sixty cc and one eight cc implying concern so far.
Staff and Utilities: The Governor is permitted to engage four staff members, each at an average salary of 18,000 PKR per month. The State Bank also pays several utilities, such as electricity and gas bills, and entertainment and telephone bills to ensure that all essential expenses are settled.
Vanishing/floating Educational Expenses: 75 % of the educational expenses incurred on the Governors’ children are taken care of by the State Bank. TGovernors’t illustrates the commitment that is put into educating the Governor’s family.
Medical and Other Benefits: The GovernGovernor’sh’s Care Package is inclusive, as it covers the Governor and family health insurance. Benefits package also consists of air tickets for business trips. Clubs membershship and expenses on protective services. All in a bid to ensure the safety of the governor and availability of necessities.
Such wide range of perks can be noticed on how Governor is taken care of. With respect to his profession and the life of his shoulders.
