“These measures try to find the best and most effective tools so as not to lose purchasing power”Lacalle said.
The President of the Republic, Luis Lacalle Pou, gave a press conference this Monday in which he announced a series of economic measures in the context of inflationary pressure and the rise in prices that has been recorded for weeks, mainly caused by the Russian invasion of Ukraine.
Accompanied by the Minister of Economy and Finance, the Minister of Labor and Social Security and the director of the Planning and Budget Office (OPP), Azucena Arbeleche, Pablo Mieres and Isaac Alfie, Lacalle highlighted the support provided by the government during the pandemic of covid-19 at the credit level, of exemptions and in terms of unemployment insurance, and highlighted the economic policy carried out by the government, which allowed collections to generate these new measures.
“The concern of this government is that the population does not lose purchasing power, at the same time we have had a sustainable economic policy that allows us to sustain these measures, it is what allows us to take these measures and suggest other actions,” commented the president.
In this sense, and in reference to the measures, the president announced that this Tuesday the Ministry of Labor and Social Security (MTSS) will convene the Superior Tripartite Council to convene 88 months of negotiation involving around 300,000 workers for the purposes before an advance adjustment for inflation can be assessed. This measure is arranged for the private sector and for the aforementioned tables.
In turn, it was decided to add the 3% increase for retirement and pensions to the one already given at the beginning of the year. In this sense, the salary of public officials will be increased by 2%. “These measures try to find the best and most effective tools so as not to lose purchasing power,” Indian.
“Among the increases given, both to pensions and public salaries, we are above 9%. What in principle would be above the expected annual inflation. this tool It is the one that assures us to put more money in our pockets and not lose purchasing power,” he said, adding that the increases will be ready as of July 1.
Montevideo Portal
