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No Wage Increase, Backpay At This Time As Gov't Attempts To Save Jobs

No Wage Increase, Backpay At This Time As Gov't Attempts To Save Jobs

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Government's primary objective at this time is to preserve jobs, even as revenue continues to decrease as a result of depressed oil production and low prices of natural gas.... Read more


Category: Movies from 2021...

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Government's primary objective at this time is to preserve jobs, even as revenue continues to decrease as a result of depressed oil production and low prices of natural gas. Finance Minister Colm Imbert says on its current path, this country stands to lose up to $5 billion in revenue for fiscal 2021. This, he warns, is why Government cannot give in to demands to Trade Unions for wage increases, saying employment levels may have to be reduced if that is granted. Sunil Lalla reports.

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