‘Fully false’: Finance Division rejects rumours of govt instructions to cease wage, pension funds – Pakistan

The Finance Division on Saturday denied the federal government issuing directions to cease pension and wage funds, deeming reviews on the contrary “fully false”.

The clarification comes after The Information Worldwide reported that the Accountant Normal of Pakistan Income (AGPR) had been informed by the finance ministry to “cease clearing all federal ministries and hooked up division’s payments till additional orders”.

“Even the clearance of wage payments has additionally been stopped,” claimed the report, which quoted “high official sources” as saying that “operational cost-related releases confronted difficulties primarily due to lingering monetary difficulties being confronted by the nation.”

Nonetheless, a press launch — a replica of which is obtainable with Daybreak. com — issued from the Finance Division at present rejected the story, saying: “There are rumours floating round that the federal government has instructed to cease cost of pay, pension, and so forth. That is fully false as no such directions have been given by Finance Division, which is the involved federal ministry.”

It added that the accountant normal of Pakistan income (AGPR) has “confirmed that pay and pension have already been processed and will likely be paid on time.”

The press launch additional mentioned that different funds had been additionally being processed as per routine.

Finance Minister Ishaq Dar mentioned the “pretend information” was being unfold to “trigger hurt to the nationwide financial pursuits”.

“Kindly chorus from circulating such reviews and information with out verifying from the involved ministry,” he urged the folks.