KUCHING: A mechanism to effectively control inflation must be established to ensure workers can fully benefit from any wage increase, said Sarawak Pre...
: A mechanism to effectively control inflation must be established to ensure workers can fully benefit from any wage increase, said Sarawak Premier Tan Sri Abang Johari Tun Openg.
“We don’t want a salary increase while purchasing power remains the same, as this does not give any benefit,” he told reporters after a Malaysia Book of Records programme for the most participants wearing ethnic attire in a choreographed dance performance here today. Abang Johari said the Federal Government, especially Bank Negara and the Ministry of Finance, must consider the impact of a percentage wage increase on the flow of money in the market.
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