Czech government slows or freezes salary hikes to cut budget gap


  • World
  • Thursday, 30 Dec 2021

PRAGUE (Reuters) - The new Czech centre-right government will freeze the pay of state workers and reduce previously announced pay hikes for others as it seeks to cut the budget gap amid a spike in inflation, ministers said on Wednesday.

The government, appointed earlier this month, has pledged to cut the 2022 central government deficit below 300 billion crowns ($13.66 billion), versus 380 billion envisaged by the previous cabinet.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

EU watchdog: Meta shouldn’t force users to pay for data protection
Layoff whiplash scars workers who find new jobs only to lose them
European Union questions TikTok on new app that pays users for watching
Man watches RM119,000, woman disappear in online dating scam, US police say
Polish president meets privately with Trump in New York
Uber is helping investigators look into account that sent driver to US home where she was killed
AI computing is on pace to consume more energy than India, Arm says
Stabbed Sydney Assyrian church bishop says he forgives attacker
Croatian ruling party wins election without majority
Prince William returns to public duties after wife Kate's cancer revelation

Others Also Read