Our View: Ignoring IMF warnings should worry everyone

Pasydy, the public servants’ union, issued an announcement last Thursday “expressing satisfaction” for the agreement with the finance ministry for a 1.5 per cent pay rise in the civil service from October 1. Why would it not be satisfied? The across the board pay rise, over and above CoLA and annual pay increments, will not be given at the beginning of 2025, as is the usual practice, but kicks in from October, so it would boost 13th salaries as well.

All civil service employees – plus contractual and pensioners ...