Finance Minister: 4% Is Final Offer

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Four per cent is the final offer. During Friday's Spotlight on the Economy 2022, Minister of Finance Colm Imbert re-emphasised the Government's position, even as Trade Union... Read more

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Four per cent is the final offer. During Friday's Spotlight on the Economy 2022, Minister of Finance Colm Imbert re-emphasised the Government's position, even as Trade Union leaders continue to clamour for more for public servants. According to the Minister, the country cannot afford anything more than the offered 4% increase. With the Government's offer of 4% for the negotiating periods 2014 to 2019, $4.66 billion has been calculated as backpay up to June 2023, with an increase in recurrent cost for wages and salaries of $968 billion. The Minister of Finance said the Government is committed to raising and making these payments to public servants.

Finance Minister: 4% Is Final Offer

Finance Minister: 4% Is Final Offer

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