Skip to main content
Latest

Step by step, the 9th pay scale will be implemented by next July

Advertisement
Step by step, the 9th pay scale will be implemented by next July
Commerce Minister Khandaker Abdul Muktadir has said the proposed ninth pay scale for government employees will not be implemented at once but in phases by next July.

In response to questions from journalists after an event at the BRAC Centre in Mohakhali in the capital on Thursday, he said government employees' salaries had not been adjusted for as long as 11 years. Given the current inflation reality, the decision to adjust salaries is logical.

Advertisement
300*250 Ad-A-P1

The minister said if the pay scale is implemented in phases, a large amount of extra money will not flow into the market at once. As a result, there will also be less fear of a sudden rise in commodity prices due to the pay scale.

Advertisement
300*250 Ad One-Green

He further said that besides government employees' salaries, the supply, import, production costs and international market prices of commodities are also important in controlling inflation. The government is monitoring these issues in an integrated manner.

Regarding the price of edible oil, the commerce minister said prices are being determined considering domestic production and processing costs as well as the international market. At the same time, monitoring is ongoing over the supply of essential commodities through TCB and OMS and any artificial crisis in the market.

Advertisement
728*90 Ad One-Y
Advertisement
728*90 Ad One-be
Dhaka Magazine Follow our Google News channel for updates
Economy More from
Initiative taken for solar power project spanning 8,000 acres in Chandpur

Initiative taken for solar power project spanning 8,000 acres in Chandpur

12 hours ago
Islamic Development Bank to Give $1 Billion for Eastern Refinery Modernization

Islamic Development Bank to Give $1 Billion for Eastern Refinery Modernization

1 day ago
Bangladesh Bank to finance young entrepreneurs up to Tk 20 lakh

Bangladesh Bank to finance young entrepreneurs up to Tk 20 lakh

1 day ago
LPG price reduced, 12 kg cylinder Tk 1,585

LPG price reduced, 12 kg cylinder Tk 1,585

2 days ago
Price of bottled soybean oil increased, Tk 204 per liter

Price of bottled soybean oil increased, Tk 204 per liter

2 days ago
Gold prices fall again in domestic market

Gold prices fall again in domestic market

2 days ago