Government Pays Public Sector Workers
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Government Pays Public Sector Workers
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The government is injecting over $2.8 billion into the pockets of more than 62,000 public sector workers to settle long-overdue wage debts — a move hailed by the Chaguanas Chamber of Industry and Commerce as a vital economic boost that will fuel consumer spending and support local businesses. With the Finance Minister’s mid-year budget review painting a cautiously optimistic picture, the Chamber celebrates improved international standing, removal from EU sanctions, and a successful bond sale as signs of renewed global confidence. While revenue is on track to balance the budget thanks to stable energy prices and new tax measures like the Commercial Bank Asset Levy, the Chamber urges urgent action on foreign exchange access and VAT refund delays to ensure sustainable growth and global competitiveness.
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