Finance minister goes public and national on public sector pay and compensation issues-May 16, 2022

After a week of public sector strikes, finance minister, Dr. Nigel Clarke grabbed public attention over the underlying issues. First, he flagged his op-ed in the Sunday Observer on the matter of public sector reform, where he called for “calm and patience” as the drawn-out reclassification exercices near an end. But, he notes an important truth about this long process: “faith and trust in Government, as a permanent institution across time, to deliver for public sector employees has suffered over this period.” He also sets out the difficult current context: “This [process] is complicated by the misfortune of having to implement the restructuring of public sector compensation after a debilitating global pandemic, during a period of economic recovery and during the worst global inflation in 40 years, which has inflamed passions.”

He then alerted the nation to a public address planned for the evening:

I’m not sure what happened, but this didn’t get broadcast until closer to midnight, local time. I’d gone to bed, by then, so we can enjoy it here:

Author: Dennis G Jones (aka 'The Grasshopper')

Retired International Monetary Fund economist. My blog is for organizing my ideas and thoughts about a range of topics. I was born in Jamaica, but spent 30 years being educated, living, and working in the UK. I lived in the USA for two decades, and worked and travelled abroad, extensively, throughout my careers and for pleasure. My views have a wide international perspective. Father of 3 girls. Also, married to an economist. :)

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