Demagogic 3% salary increase | Demagógico incremento salarial de 3%

Correo del Sur:

IN 13 STATE COMPANIES, WITH RETROACTIVE

The president of the College of Economists of Tarija, Fernando Romero, warned that the 3% salary increase in 13 state companies will increase this year’s fiscal deficit, which was planned at 7.49%. He questioned whether the Government continues to allocate resources to this sector taking into account that the majority of companies are loss-making.

“This means that fiscal spending will increase in this administration, consequently we will be far from the established goal of the fiscal deficit. The national government has projected that it would be close to eight percent, but we believe that this will exceed that percentage,” the expert told ANF.

Through Supreme Decree 5029, approved on Wednesday by President Luis Arce, a salary increase of up to 3% was established for 13 state companies in which the State has a majority shareholding.

Economist Gonzalo Chávez, in recent days, described the increase as a “loyalty bonus” and questioned the retroactivity for these state companies.

Leave a comment