The Ministry of Education and the Guyana Teachers Union are set to sign their agreement on the salary increases for teachers on Wednesday.
The signing comes more than two weeks after the two sides announced that they have reached an agreement.
News Source understands that the Minister of Education has also asked that the full agreement be made available to the public after the signing.
Under the new agreement, which covers the years 2016 to 2018, teachers will now see a 12% increase on their salaries for 2016 and another 8% increase for 2018. The 8% salary increase for 2017 was already received.
Additionally, $350 million has been set aside for debunching, which will cover the years 2011 to 2018. The issue of debunching was one that was being looked at since under the previous government but was never settled. The two sides have now ended that long wait.
Additionally, the two sides have agreed to all of the non-salary benefits. Details of those benefits will be released soon.
In a joint statement recently, the Education Ministry and the Guyana Teachers Union said the agreement covers increases for all scales of teachers in the system.
Both the Education Minister and the President of the Guyana Teachers Union have expressed satisfaction with the agreement.
Minister Nicolette Henry said every teacher in the system will be a beneficiary of the new agreement.