As the year comes to an end, workers in the public service may have to hold on a little longer to know whether they will be getting any year-end bonus on their salaries.
Speaking to reporters today, President David Granger today the Finance Minister will make a statement on the issue after the next cabinet meeting.
The President reminded that the government is currently in an interim mode because of the passage of the no-confidence motion and therefore its spending and major financing is restrained. Still, he said he would not want to hold up hopes on the issue.
“I cannot at this point in time say whether funds will be available for the public service. I am not saying no, but after the next Cabinet meeting the Minister of Finance will make an announcement on that matter, But I do not want to hold up hopes because we have an interim administration”, President Granger said.
While the issue of bonuses being paid is unclear, the Government has been examining the issue of another year-end salary increase for public servants. The Finance Minister is also expected to address that issue soon.
When the APNU+AFC coalition came to office, only members of the Disciplined Services were offered end of year bonuses to their salaries. The government decided to offer all public servants a $50,000 bonus in that first year.
In 2016, the bonus was reduced to $25,000 and in 2017 and 2018, the public servants were offered retroactive salary increases instead of year-end bonuses.
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