News

Cabinet has approved increases in salaries to all categories of Public Sector Workers including Daily Paid and Minor Salaries workers.

On Wednesday, January 18th, Cabinet approved as follows:

• 2.5 % from January 1st, 2023 to 31st December, 2023
• 2.0 % from January 1st, 2024 to December 31st, 2024
• 2.5% from January 2025

Minister of Finance Hon. Camillo Gonsalves in his Budget address on Monday, 9th January, 2023 indicated that the salary increases would cost the Government an extra 26 million dollars over the course of the three years.

The Minister added that this salary increase represents a “5.7 percent growth in Budget 2023 for wages and salaries” and “it is an extraordinary increase in light of the global challenges and fragility of our ongoing economic recovery.”

SOURCE: Agency For Public Information