Thu | Apr 27, 2017

Government has not found a pot of gold - Phillips

Published:Wednesday | January 7, 2015 | 1:50 AM
Finance Minister Dr Peter Phillips. - File

The finance minister, Dr Peter Phillips, is moving to temper expectations of a significant wage hike for public sector workers, saying the Government has not found a pot of gold.



Phillips has affirmed that workers will not be faced with a wage freeze for the new financial year, which starts April.



He notes that the period of the wage freeze has expired and therefore there has to be some negotiation, which would include wage increases.



Phillips says the Government would like to finish negotiations with the various bargaining units in the public sector before April.



He says if the target was not achieved, the Government could place a sum in the contingency section of the Budget to facilitate the payment of wages that might be settled after the Budget period.



Yesterday, education minister Ronald Thwaites indicated during Independent Talk on Power 106 FM that teachers are set to receive a pay raise.



However, the Jamaica Teachers’ Association (JTA) said news that a salary increase for teachers is being planned for the upcoming Budget could prejudice the impending negotiations for a new wage deal.



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