An increase in “transportation” does not require a cabinet, and we will not print a “currency” to cover it

An increase in “transportation” does not require a cabinet, and we will not print a “currency” to cover it
An increase in “transportation” does not require a cabinet, and we will not print a “currency” to cover it
Nidaa Al-Watan wrote: Yesterday, Minister of Labor Mustafa Bayram signed a decree referring an increase in the transfer allowance for the private sector to 65 thousand pounds per day from 24 thousand pounds to the State Shura Council, as it is of an organizational nature and legally requires the Shura Council to be consulted in this regard.

This matter raised questions about the date on which this decree will come into force, and whether the progress of the resolution requires the approval of the Council of Ministers as a whole.

The Minister of Labor answered “Nidaa Al-Watan” to this question and said: “The decree is linked to the Labor Law, and after the Shura Council’s approval of it, I will take it to the President of the Republic, the Prime Minister and the Minister of Finance to sign it, in addition to my signature of course, and thus does not require a meeting of the Council of Ministers.” This is in connection with an increase in the transfer allowance to the private sector.

As for the period of its entry into force, Bayram explained that “some private companies have started to work with it, considering that it is valid during the current month, knowing that a decree will be issued in this regard, and then it will be necessary to implement it.”

Regarding the increase in the public sector salary allowance, Bayram explained: “We are waiting for President Najib Mikati, to ask him about the possibility of carrying out an exceptional measure similar to the one we have taken for the private sector, but its completion during the next month does not deprive them of the right to benefit from the month of November, and thus their right is preserved, i.e. with Retroactive for the current month.

Hence, “during the next two months, this increase will give an indication of the reflection of this measure on the purchasing cycle,” Bayram added, stressing that “the national currency will not be printed to cover it and things are easy during the next two months, and there will be no bad repercussions given that the amounts provided are not large and will not cause inflation.” Note that we are already in a cycle of inflation.

In addition, he pointed out that “this increase will be quickly absorbed due to the existing economic downturn, and the decline in purchasing power. The employee will spend those increases and move the purchasing power and the economic cycle to some extent.”

Regarding the race between the rise in the price of the dollar and fuel prices, the increase in prices and the erosion of emergency aid, Bayram said: “Of course, this amount is not enough, but we are trying not to rush decisions, and the months of November and December have been set so that we can pay the second installment before the holidays.”

President Mikati had announced that for a period of two months, 64,000 pounds will be paid for transportation allowance for the public sector and half a pension, provided that it is not less than 1.5 million pounds and not more than 3 million pounds as a maximum, in response to the emergency conditions that are afflicting the country.

On this, Bayram gave an example: “If the employee’s salary is one million Lebanese pounds, I offer him one and a half million pounds (instead of 500 thousand pounds, which constitutes half of the salary), then his salary will become two million and 500 thousand Lebanese pounds, in addition to the in-person transportation allowance, which is 64,000 Lebanese pounds. If his salary is more than 3 million pounds, for example, if his monthly salary is 7 million pounds, then he will receive only 3 million Lebanese pounds, not half the salary of 3,500 thousand pounds.

On the other hand, Bayram revealed a decision to increase bids at the State Employees Cooperative, so he issued a decision, as the Minister of Labor and guardian of the guarantee, to spend about 1,000 billion Syrian pounds to feed the guarantee from his dues in the budget. He sent the decision to the Audit Bureau, which approved it. Since the Ministry of Finance cannot pay this amount in one go, a meeting will be held with the Minister of Finance “to agree on a mechanism for payment to be made successively, which will enhance the status of the guarantee as well as other decisions that will be taken.”

 
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