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Series of steps
Economist George Kazam wrote:
Why do officials at the economic and financial decision-making center choose to increase the amount of wages for public sector employees instead of lowering prices in order to increase the purchasing power cost of weak wages by lowering the dollar exchange rate and reducing output?
__ Reducing the dollar exchange rate and production costs requires an economic team with expertise in business, industry and finance to implement the economic plan.
This does not exist
__ Increase employee wages in a hypothetical negative growth manner, accompanied by a greater increase in prices A rise in the dollar exchange rate reduces the fiscal burden on public finances because real wages paid to employees fall.
If the salary was $30 before the raise, it became $20 after the raise, and so on, until the salary dropped from $200 in 2010 to $20, the burden would be reduced by 90%.
__ Accuses businessmen and industrialists of agreeing to deprive employees of wage increases by raising prices
Know that the price increases are due to the failure of the economic and financial policies of the Economic Council and the Central Bank
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