Taiwan’s Cabinet has decided to forgo a pay raise for civil servants next year. Cabinet Spokesman Sun Lih-chyun said Monday that a pay raise had been on the table, but after analysis of the economic situation, the plan was shelved.
Last week, Taiwan’s government statistics office made a sizeable downward adjustment in its projection for Taiwan’s economic growth this year. Back in May, the statistics office was still projecting 3.28% growth, but it has since reduced that figure to just 1.56% growth for this year. The office has also projected less-than-stellar economic growth in Taiwan next year – just 2.70%.
Sun said that after reviewing the data, the Cabinet decided not to allocate pay raises for civil servants in next year’s budget.