JANNELLE BERNARD
Senior Reporter
jannelle.bernard@cnc3.co.tt
Economist Dr Indera Sagewan says while she believes the prime minister of a country should not be earning less than the CEO of a company, it is not the right time for Dr Keith Rowley to accept a pay increase.
Speaking on CNC3’s The Morning Brew yesterday, Sagewan said Rowley’s acceptance of a salary hike proposed for him and other top public officials by the Salaries Review Commission should be based on the country’s economic climate and his performance.
“For the past several years, I mean, I think for the life of this particular administration, we the people of the country have been told we need to tighten our belts. First, it was they inherited a Treasury that was empty. Then we went into things like COVID, post-COVID, the whole issue of very high inflation, et cetera,” she said.
Sagewan said Rowley has a responsibility to show solidarity with citizens.
“And it has been a climate where the industrial relations situation has been terrible at best. It has been one where trade unions have been attempting to negotiate, you know, very old periods of wages and salaries. The Minister of Finance has been very firm that the country ... taxpayers, in fact, cannot afford any significant increases. But here we have a situation where the Prime Minister, who is the person who’s charged with responsibility, who accepted the responsibility of developing and growing this economy, is prepared to accept a 47 per cent pay increase when the country’s economics is at best, unhealthy,” she said.
Economist Dr Vaalmikki Arjoon agreed with this sentiment. He said economic disparities and social tensions can be exacerbated when public officials receive salary increases while the general population continues to face financial hardship. He said policymakers should also work towards lowering food prices, improving safety and security and making foreign exchange more accessible to citizens.
“The goal of those in political office should be to create a more resilient and equitable economy, where the welfare of all citizens is the primary focus. Accepting the recommended salary increases now can further erode trust in public institutions. The Government should demonstrate solidarity with citizens by deferring pay increases until economic conditions meaningfully improve.”
The 120th SRC report proposed increases for the PM, Opposition Leader, MPs, Judiciary and Police Commissioner among others. Last Thursday, the PM said he was ready to accept that some members of the public won’t be happy with Government’s decision to accept the recommendation.