HomeMMBIZ NewsMyanmar's Govt Employees to Get Pay Hike

Myanmar’s Govt Employees to Get Pay Hike

The government will give a pay rise to government employees starting the next financial year in a bid to give them respite from the rising living cost and improve their living standard, the president said.

According to an announcement made by President U Thein Sein at a Financial Commission meeting in the capital Nay Pyi Taw, government staff salaries will be increased by K20,000 ($20) in the coming fiscal year 2014-15, which starts in April.

“Those carrying out the duties of the state will receive increased allowance from time to time. The increase follows the rise given in 2013,” U Thein Sein, who is also chairman of the commission, said.

Pensions and other allowances will also be increased proportionately, he added.

The proposed pay rise will be submitted to the upcoming parliament sessions for approval.

This is the third time President U Thein Sein has allowed pay rise for government staff since he took office in March 2011.

- Advertisment -spot_img

Must Read

Court Rejects Dissolution of Myanmar Brewery

The Yangon West District Court, on January 26, rejected the dissolution of Myanmar Brewery, a joint venture between Japanese brewer Kirin Holdings and Myanma...