The Administrator passed these remarks while addressing to officers of Finance Department - AsiaNet-Pakistan

The Administrator passed these remarks while addressing to officers of Finance Department

September 15, 2020 | | Share:

Karachi, September 15, 2020 (PPI-OT): Administrator Karachi Iftikhar Ali Shallwani on Monday said that issue pertaining to shortage of funds in releasing salaries and pensions of Karachi Metropolitan Corporation employees would be resolved soon. Sindh government was requested to increase funds for KMC and hopefully the request will be accepted. Departmental heads would be replaced if they fail to achieve revenue targets. The meeting for review revenue targets would be held on weekly basis, The Administrator passed these remarks while addressing to officers of Finance Department here at KMC office.

Metropolitan Commissioner Dr Syed Saif ur Rehman, Finance Advisor Afaq Saeed, Senior Director Finance Riaz Khatri, Director Budget Mehmood Baig, Director Administration Finance Nasir Mehmood and other concerned officials were also present on the occasion. Shallwani was informed that the KMC has been facing shortage of funds to release salaries and pensions every month, pension and commutation issuance to retired employees and dues in the head of pensions’ dues. Release of lesser amount from the provincial government in monthly grant and shortfall in revenue targets are the main reason for shortage of funds, Shallwani was told.

The concerned officials informed the Administrator that KMC get Rs 587.705 million from Sindh government in the head of matching grant of OZT and Grant in Aid Salary and out which Rs 157.705 million are for OZT and Rs 430 million are Grant in Aid for salaries. He was told that Rs 693.235 million are required monthly for payment of KMC and DMCs employees’ salaries. The KMC itself is giving amount to meet the required value to release the salaries.

In the meeting it was apprised that pension contribution of KMC and DMCs retired employees is Rs 306.489 million and total Rs 330 million has to be paid to retired employees. The total shortfall being faced by the KMC in releasing salaries and pensions each month is Rs 260.198 million. Shallwani was informed that total Rs 3430.964 million are still to be paid to 5735 claimants who are either retired employees of KMC, DMCs and District Council or families of deceased employees. The retired employees and their families are seeking the amount since 2015-16 till date.

Besides, the KMC also face shortage of resources mainly because of funds shortage. ” Rs 451.857 million are to be paid to employees in the head of fire risk allowance, Rs 255.713 for supplementary salaries including leave encashment, and Rs 447.904 million that had to given to employees after 15 per cent increment in salaries,” the Administrator was informed. Speaking on the occasion, Shallwani said that it was essential to make finance department effective to put any organization on the path of development. He said that payment of salaries and pensions on time are amongst their priorities and issues in this regard would be resolved soon.

For more information, contact:
Administrator Secretariat
Karachi Metropolitan Corporation (KMC)
City District Government Complex, 1st Floor, Civic Centre,
Gulshan-e-Iqbal, Karachi
Tel: +92-21-99232400-01
Fax: +92-21-99232406

Category: English, Official News