Inflation : civil servants demand 5 % raise

The Civil Service Association of Thailand has demanded that government give civil servants a five per cent raise to match the rate of inflation and help them shoulder higher living expenses.

He pointed out that civil servants play an important role in easing the public’s troubles so the government should take actual economic situations into consideration and give them a raise.

A source within the Finance Ministry reported that the Civil Service Commission Office and the Public Sector Development Commission Office have reported to the Finance Minister that an annual budget of 20 billion baht is required for a five per cent raise.Thus, the raise is likely to be postponed so as to not add any more financial burden on the government. (TO)

It’s important to note that civil servants already got a raise of 4 % last october.

They might have it or not. The point is : pressures over wages are mounting. In public and private sector as well.

This “secondary effect” of prices increases, will fuel of course further inflation. It’s Economy 101.

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Thailand Crisis

Coup, Economic slowdown, Terror In the South... The situation is worsening in Thailand. Bumpy road like often before.

But this time, it's different.

The key to understand the present turmoil is the inevitable... succession of King Bhumibol.


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