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(LUSAKATIMES) Musokotwane warns of ripple effects of 100 percent salary hike

COMMENT - Heavens forbid, not wage inflation. Top bonuses, graft up the yingyang, that's ok. But woe to all if workers would benefit from the economy. The guy is a mental slave. He simply regurgitates whatever dogma comes from the IMF/World Bank. Remember that Alan Greenspan (former FED chief) used to warn against the perils of 'wage inflation'. He was forced to admit that his entire ideology was wrong. Now if only the former finance minister would follow in his footsteps.

Musokotwane warns of ripple effects of 100% salary hike,as Union urge government to spread increase to all public service workers
TIME PUBLISHED - Sunday, January 29, 2012, 6:56 am

Former Finance Minister, Situmbeko Musokotwane has warned of ripple effects of the announced 100 percent salary hike for health workers. Dr. Musokotwane says the decision to effect the increment whilst being commendable might result in hyper inflation in the country.

He said that the move by government to give increment to one sector of workers is unsustainable questioning government’s source of funds for the increase.

And Dr. Musokotwane has asked government to rescind the prospective decision to reverse the sale of Zanaco to Rabo Bank of the Netherlands. He has maintained that most of the commissions of inquiry established by the PF government have pre-determined outcomes.

Dr. Musokotwane was speaking to MUVI TV News.

Meanwhile,the Agriculture Technical and Professional Staff Union of Zambia have joined calls for government to spread the recent 100 percent salary hike given to health workers to all public service workers.

Union General Secretary, Joe Kamutumwa notes that the 100 percent salary hike is a reflection of the desire by the state to improve the working conditions of the entire public service.

Government recently announced a 100 percent salary increment for all health workers.

Labels: HEALTHCARE, LABOUR, NEOLIBERALISM, NURSES, SALARIES, SITUMBEKO MUSOKOTWANE

posted by MrK @ 4:33 PM