SBP Governor, Deputy Governors Salaries and Benefits Skyrocket by 94%

The State Bank of Pakistan (SBP) has announced a significant increase in salaries and benefits for its top officials, with the Governor and Deputy Governors' combined remuneration rising by 94% in fiscal year 2025-26. This surge in compensation has elevated their total package to Rs. 182.53 million, up from Rs. 93.97 million in the previous year.

Additionally, payments to non-executive members of the SBP Board of Directors saw a sharp increase of 126%, reaching Rs. 25.16 million, compared to Rs. 11.15 million the previous year. The central bank's annual financial statements also reveal that total salaries and benefits for SBP staff rose by 8.4% to approximately Rs. 1.16 billion.

Despite this substantial rise in remuneration, the central bank reported a decline in its profit by 20%, falling to Rs. 1,992 billion from Rs. 2,499 billion in the previous financial year.

Brief written by urgent.news from ProPakistani's own syndicated text. Machine-written — may contain errors; check the original before relying on it.