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

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

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Hong Kong civil servants will receive a flat 2% pay rise due to fiscal prudence.

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• Hong Kong civil servants to get flat 2% pay rise

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Hong Kong civil servants to get flat 2% pay rise amid fiscal prudence Hong Kong’s top decision-making body has approved to propose 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, who will meet staff representatives on Wednesday as part of the process and report to the Executive... According to the collected source material from www.scmp.com, Hong Kong’s top decision-making body has approved to propose 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…

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Categoria: cronaca
Entità: Hong, Kong