Govt lifts bar on corporate earnings of bureaucrats

ISLAMABAD: The government on Monday opened an avenue for senior bureaucrats to amass virtually unlimited financial gains, while simultaneously imposing austerity measures on these very entities.

In a notification, the finance ministry said that an earlier order dated July 10, 2014 which capped earnings through board meetings of corporate entities at Rs1 million per annum, stood “withdrawn ab-initio” — meaning it was never issued.

The order, issued on June 12, 2024 with the approval of the then-federal cabinet...