‘Not the right time’ to raise wages — NEDA

THE PROPOSED P100 increase in the minimum wage of private workers may stoke inflation, hurt gross domestic product (GDP) growth and increase unemployment, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said.

‘Not the right time’ to raise wages — NEDA
THE PROPOSED P100 increase in the minimum wage of private workers may stoke inflation, hurt gross domestic product (GDP) growth and increase unemployment, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said.