Public Servants servants to receive a 7% salary increase over a 3 year period

The content originally appeared on: NBC SVG

Minister of Finance and Economic Planning Camillo Gonsalves has announced that Public Servants in St. Vincent and the Grenadines will receive a seven percent salary increase over a three-year period, for the years 2023 to 2025.

Minister Gonsalves made the announcement during a News Conference this morning.

He said the agreement was arrived at, following negotiations between officials from the Ministry of Finance and representatives from the Trade Union Movement.

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Minister Gonsalves says an agreement was also made for a tax reform package for public servants.

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Minister Gonsalves says the Wage Increases and Tax Relief will cost the Government a significant amount of money

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Meanwhile, Acting Prime Minister, Montgomery Daniel thanked the Ministry of Finance for its successful negotiations with the Trade Unions for a wage increase.

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