PUBLISHED: 8 November 2023 at 4:00 p.m.
Srettha Thavisin, the prime minister, insisted yesterday that a study was being conducted to determine whether wages for government employees and civil servants should be increased, but he denied that any increase would have an impact on the price of consumer goods.
After a cabinet meeting yesterday, he made his comment in response to inquiries about the potential effect on pricing.
Although the program is being researched, he claimed, earnings won’t be raised right away.
Additionally, Mr. Srettha stated that the Department of Internal Trade is overseeing the situation and that prices of goods have yet to rise.
Many people are also interested in Pheu Thai’s another monetary policy proposals, which call for increasing the national minimum wage to 600 baht per day and the minimum monthly income for bachelors holders to 25, 000 ringgit.
During its vote plan, Pheu Thai pledged to make 20 million jobs and a 10, 000 baht online release, and this policy was one of its campaign’s main promises.
The salary ensure was included in Paetongtarn” Ung Ing” Shinawatra’s election campaign for Pheu Thai in December of last year if the nation were to win a mandate to form the government following the general election.
But, Ms. Paetongtarn asserted that the rapid increase in minimum wages would not boost economic growth and may raise the price of doing business. She also said that when the economy is available, the minimum wage will be changed.
Since the Yingluck Shinawatra administration, the minimum monthly income for those with a bachelor’s degree has remained at 15, 000 baht, according to Paopoom Rojanasakul, assistant secretary-general of the Pheu Thai Party and chairman of its scheme center.
He claimed that by 2027, a minimal monthly income of 25, 000 baht would increase state employees’ wages without having an impact on the Finance Ministry.