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Friday, May 3, 2024

Thai PM evaluates potential wage increase for civil servants without price hike

Photo courtesy of Bangkok Post

Prime Minister Srettha Thavisin yesterday declared that an evaluation was underway to determine the feasibility of increasing wages for civil servants and government employees. However, he dismissed the notion that such a hike would lead to a rise in consumer goods prices.

The prime minister’s comments came in response to inquiries concerning the potential inflationary effects of the proposed wage hike, following a Cabinet meeting. Despite ongoing deliberations, the Thai PM emphasised that an immediate increase in salaries should not be anticipated.

The 61 year old Thai prime minister further noted that the prices of goods have not seen any increase yet, with the Department of Internal Trade overseeing the situation.

An additional point of interest is Pheu Thai’s economic policy pledge to raise the daily national minimum wage to 600 baht and set…

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