GEORGETOWN, Guyana, Wednesday November 13, 2019 – For the second time around, public servants this year will receive a tax-free retroactive salary increase, Finance Minister Winston Jordan has announced.
Along with their retroactive salaries, public servants will also see the minimum wage taking a nine per cent hike, moving from $64,200 to $70,000.
Minister Jordan made the announcement this morning on the National Communications Network’s (NCN) ‘INSIGHT’ radio programme.
“In three and a half years, the minimum wage has gone up by over 75 per cent. I think by any stroke of circumstance, that is a significant development and I know that the workers are going to be happy,” he said.
“And I know that they are happier still because 2018, I first brought in tax-free back pay, and I asked the Cabinet, they agreed and I continue this year.”
During a meeting with residents of Kwakwani, Region 10, Upper Demerara-Berbice on Sunday, Minister Jordan said the hike to public servants’ salaries this year, will take the overall increase to an all-time high of 75 per cent – a record unheard of under any previous administration.
“We started increasing salaries from the 1st of July 2015. And the last increase was retroactive to January 1, 2018. In two and a half years, we would have increased salaries by over 64 per cent. By the time we are finished with salaries for this year, I can guarantee you that between July 1, 2015, and January 1, 2019, it will be over 75 per cent increase,” the minister told residents.