Economy April 8, 2015 | 9:06 am

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Government, private sector agree on ‘satisfactory’ wage hike

Santo Domingo.- Presidency Administrative minister Jose Ramon Peralta on Tuesday said the government and private sector have agreed on the talks to secure a “satisfactory” wage increase, expected to materialize in the coming weeks.

He said that with regard to the public sector, there may be a salary adjustment.

Peralta said the wage increase for the private sector will be a higher percentage than the inflation during the last two years, “which guarantees an invigorated economy.”

"It seems we’re talking about an important figure that will help boost the Dominican economy further. We have an economy that’s growing at more than 6%, we see the dynamism in general, so a wage increase in these circumstances would be one more boost to the economy and the sales of all companies."

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