Co-Chair of the Economic Programme Oversight Committee, EPOC, Keith Duncan says an adjustment of the nine percent target for Wage-to-Gross Domestic Product (GDP) would have to have to be approved by Parliament.
He agrees with the trade unionists that the countries tax revenues are performing well. But Mr. Duncan says the focus must be on meeting the nine percent wage to GDP target.
The Jamaica Confederation of Trade Unions has said that paying better wages to public sector workers could inspire growth in the economy. Mr. Duncan agrees but says the government should exercise restraint in wage increases while pursuing the long-awaited public sector transformation.