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Employees of 58 selected federal entities draw higher salaries
July 28, 2021
ISLAMABAD: In a serious distortion of the basic pay scale scheme, government servants belonging to 58 entities draw extra allowances and, in some cases, their salaries are two to three times higher than those of ordinary government servants.
Interestingly these entities include authorities like the President’s Secretariat, Prime Minister’s Office, the National Assembly, Senate Secretariat and all the superior courts which according to their mandate are supposed to ensure fair play, equality and merit.
In a recent notification issued by the Finance Ministry for the grant of a Disparity Reduction Allowance at the rate of 25 percent of the basic pay scales to civil employees in BS-20-22 of the federal government, the ministry listed the names of those 58 entities whose employees are already drawing extra allowances.
Islamabad-capital-territoryIslamabadPakistanGwadarBalochistanNational-special-education-centrePunjabImran-khanNational-accountability-bureauMinistry-of-maritime-affairsDistrict-population-welfare-officeMinistry-of-commerceAlset EHome International Inc. Closes $32.0 Million Underwritten Public Offering of Units
/ ACCESSWIRE / May 13, 2021 / Alset EHome International Inc. (NASDAQ:AEI) (the Company ),
a diversified holding company principally engaged through its subsidiaries in property development, digital transformation technology and biohealth activities, today announced that it has completed an underwritten public offering (the Offering ) of 4,700,637 common units (the Common Units ), at a price to the public of $5.07 per Common Unit and 1,611,000 pre-funded units (the Pre-funded Units ), at a public offering price of $5.06 per Pre-funded Unit. Each Common Unit consists of (a) one share of common stock, par value $0.001 per share (the Common Stock ), (b) one Series A warrant (the Series A Warrant ) to purchase one share of Common Stock with an initial exercise price of $5.07 per whole share and (c) one Series B warrant (the Series B Warrant ) to purchase one-half of a share of Common Stock w
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