Monday, February 19, 2024 – The Finance Ministry has directed the Controller and Accountant-General to effect payment of the 23% salary increment negotiated last year to cover January to July this year.
The Controller and Accountant-General is expected to adjust
salaries by 23% from July to December this year.
These increases were negotiated between the Government and
organised labour last year.
With the current increases in taxes, sources indicated that
organised labour may be asking for a Cost-of-Living Allowance (COLA).
If the Government grants the COLA, it will be the fourth
time that various governments have agreed to cost of living allowance since
2015.
Meanwhile,
organised labour and Government are expected to begin another round of salary
negotiations from October this year for the year 2025.
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