In a high-stakes federal cabinet meeting chaired by Prime Minister Shehbaz Sharif, the government approved several key social and economic measures — marking a clear shift toward reform-focused governance.
Among the top decisions was a 15% increase in the Employees’ Old-Age Benefits Institution (EOBI) pension, effective from January 2025. Funded by EOBI’s own resources, the raise aims to provide immediate relief to thousands of pensioners. The PM also ordered the formation of a cabinet committee for EOBI reform, focusing on bringing informal sector workers — such as domestic help and farmers — under its coverage.
“Those who were long excluded from the system will now receive their rightful support,” the cabinet noted.
On the healthcare front, the cabinet approved the extension of unregistered life-saving drug imports for five more years. These drugs — vital for treating cancer, heart conditions, and other critical illnesses — will be allowed strictly under license, for hospital use only.
Meanwhile, in a strong push for accountability, PM Shehbaz announced that KPIs will now be set for every ministry, with bi-monthly performance reviews guiding rewards or disciplinary actions.
He also praised Planning Minister Ahsan Iqbal for exceeding expectations under the Public Sector Development Programme (PSDP), which has now crossed a historic Rs1 trillion in development spending.
“We are moving from slogans to service — performance will speak louder than promises,” PM Shehbaz concluded.
These moves signal a growing focus on social inclusion, healthcare access, and government performance — aligning policy with public needs at a critical time for Pakistan’s economy.
