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People hope to increase wages, not increase prices

TQO - At this time, even though gold prices are the highest ever, many people still rush to buy gold.

Explaining this choice, many people believe that in the upcoming salary increase, the currency may depreciate, so investing in gold will be more secure and can preserve the money saved.

According to the report, the consumer price index (CPI) in April increased by 0.07% compared to March; The 4-month average increased by 3.93%. According to the roadmap, by July 2024, salary reform will be implemented. The Ministry of Home Affairs has completed the report and consulted the Politburo on the basic contents of salary reform. In which opinions are asked to unify 5 salary tables, 9 groups of allowances, and bonus regimes for officials, civil servants, public employees, and the armed forces; The reservation of salaries and income of officials and civil servants holding leadership and management positions when switching to a new salary that is lower than the old salary is reserved as the current salary; The implementation of subsidies for officials and civil servants whose basic salary is lower than the lowest region 1 minimum wage to ensure a living standard that meets a salary of over VND5 million. Accordingly, the lowest salary of civil servants during salary reform is not lower than VND5 million.

In the market up to now, every time wages are prepared to increase, prices have increased first. The story of wages not increasing yet prices increasing has just been promptly directed by the Government. The Prime Minister requested not to increase prices suddenly, not to increase prices at the time of salary increase. People hope that State management agencies will do a good job of stabilizing market prices. Thus, implementing wage reform will truly bring real results, improving the quality of life of workers.

Duc Anh

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