If Dominican Gov. doesn’t raise wages, why should employers
Santo Domingo.- The economist Victor Manuel Peña on Monday saidemployers haven’t increased workers’ wages because during its four years presidentDanilo Medina’s administration has yet to change the structure on government salaries.
The leader of the ruling party (PLD) said despite Centralbanker Hector Valdez Albizu’s repeatedly call for a wage hike to Medina himself,the business sector hasn’t felt any reason to change, despite theprecariousness of the country’s workforce.
Interviewed on "Talk to the Leaders," Peña discardednotions that a wage increase could trigger an inflationary spiral, and would spurconsumer demand instead, “which would immediately have a significant impact onproduction.”
The lawyer and academician also forecasts that Medina’s reelectionwould bring about key government measures, such as electric and fiscal pacts,which he affirms couldn’t have been achieve during his current term in office.