Haroun: Raising minimum wage is like a poisonous gift

Lebanon News
15-11-2021 | 08:18
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Haroun: Raising minimum wage is like a poisonous gift
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Haroun: Raising minimum wage is like a poisonous gift
Head of the Syndicate of Private Hospitals Sleiman Haroun considered on Monday that raising the minimum wage is like a poisonous gift from the government to employees.
 
“Whatever the value of this increase is, it is insufficient, and it will even produce an additional percentage of inflation, exceeding its worth and nullifying its effects even before the employee receives this increase,” he stated. 
 
He also said that this method of treatment is ineffective, given that the government is unable to hold a meeting due to various disputes, adding that the country is drowning in a deadly combination of crises, and is unable to formulate a substitute for a complete comprehensive rescue plan that begins with preventing the increase in US dollar exchange rate.
 

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