Journal of Finance and Accounting

Volume 13, Issue 1, February 2025

  • Research Article

    Effective Management of Provincial Pension Liability

    Aqsa Ghazi*, Umar Farooq Salamat

    Issue: Volume 13, Issue 1, February 2025
    Pages: 1-13
    Received: 19 September 2024
    Accepted: 19 December 2024
    Published: 24 January 2025
    DOI: 10.11648/j.jfa.20251301.11
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    Abstract: Pension expenditures have become a critical fiscal challenge for the Government of Punjab, surging to Rs. 312 billion in the fiscal year 2022-23. The accrued pension liability now stands at Rs. 6.5 trillion, significantly constraining the government's capacity for current and development expenditures. This study explores the existing regulatory fra... Show More