“The 6% across the board increase will be retroactive to January 1, 2009,” Dr. Luncheon further added.
According to the Government Information Agency (GINA), Dr. Luncheon indicated that the payment of the increase was in keeping with the commitment of the PPP/C Administration to the payment of an increase in wages and salaries for public servants despite the global economic and financial crisis that has ravaged the world.
President Bharrat Jagdeo had first indicated that there would be an increase in July of this year and had later confirmed it, stating that it proved that Government had managed the Guyanese economy well in this time of turmoil.
Dr. Luncheon was joined by Minister of Finance, Dr. Ashni Singh, when he made the statement.
GINA said Dr. Singh was at the time carrying a copy of the financial circular that will instruct the Accounts Departments of all Government agencies to account for the increase.