Hong Kong civil servants get flat 2% pay rise amid fiscal prudence

Hong Kong’s top decision-making body has approved a flat 2 per cent pay rise for civil servants this year, citing the need for a prudent approach to managing p…

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Hong Kong civil servants have received a 2% pay rise, with the government citing fiscal prudence as the reason.

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Hong Kong civil servants get flat 2% pay rise amid fiscal prudence Hong Kong’s top decision-making body has approved a flat 2 per cent pay rise for civil servants this year, citing the need for a prudent approach to managing public finances amid a volatile geopolitical environment. The raise will bring about an extra annual government spending of HK$6 billion (US$765.7 million), according to Secretary for the Civil Service Ingrid Yeung Ho Poi-yan. She said on Tuesday that the adjustment recognised civil servants’ performance, adding that the decision followed... According to the collected source material from www.scmp.com, Hong Kong’s top decision-making body has approved a flat 2 per cent pay rise for civil servants this year, citing the need for a prudent approach to managing public finances amid a volatile geopolitical environment. The raise will bring about an extra annual…

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Categoria: cronaca
Entità: Hong, Kong