In the direction we are already moving, any measures for public sector payroll says Keravnos – Responds to limitation of acquis and cuts – The Minister clarified that the IMF study is expected to be delivered in the next few days
In the next few days, the study of the IMF scale for the payroll of the wider public sector is expected to be completed , the Minister of Finance, Makis Keravinos, told the Cyprus News Agency. Asked to comment on what was said at the informal meeting of the Finance Committee on Friday, he said that whatever measures may be decided, will not be different from the direction in which the government is already moving on the matter.
The Minister clarified that the study is expected to be delivered in the next few days, noting that the level of the IMF has already made a presentation to the Ministry of Finance of “some preliminary findings and thoughts regarding the subject under consideration”. So, he said, it's a little premature to talk about results.
He added that when the study is delivered, it will be studied by the competent services of the Ministry and any measures that can be taken will be decided at the level of the Council of Ministers, “which will not be different in the direction we are already moving, in terms of a careful< /strong> policy, which concerns the level of the salary of the wider public sector”.
He clarified that the study, which according to estimates may be delivered on Monday or in the next 2-3 days, is not for public circulation and any announcements will be made after studying its conclusions and findings.
In response to a question whether the issue of limiting the public servants' assets is raised, the Minister replied that “no such issue has been raised by anyone, not even by the IMF staff. It is a finding that in the wider public sector, not focusing on the central government of 12,300 civil servants, we are at a high level compared to other countries' in terms of pay.
Regarding any pay cuts , said the only time pay cuts were made in the past was in the “terrible financial crisis.” He added that “there is no such topic for discussion with today's data on cutting existing salaries“.
Mr. Keravnos noted that every study commissioned “is to give us some incentives and ideas about how we will decide what policy we will decide”.
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