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BUDGET 2024: BACKPAY AND MINIMUM WAGE INCREASE

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BUDGET 2024: BACKPAY AND MINIMUM WAGE INCREASE

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24 Views • Oct 03, 2023

Description

Finance Minister Colm Imbert presented a 59 billion dollar budget on Monday, citing projected economic growth in 2024 and 2025 due to a rebound in the energy sector, and more robust performance by the non-energy sector. And with increased expenditure comes some goodies for workers with the Minister announcing both backpay and an increase in the minimum wage. Rynessa Cutting reports.