As much as 86 per cent of the government’s revenue had been spent for the payment of salaries and remunerations in 2020 triggering public finance concerns for the country, and therefore this was not an appropriate time to grant a pay hike for teachers, states Trade Minister, Bandula Gunawardana.
The Minister said he was fully agreeable for 100 per cent pay hike for school teachers, but it was something impossible given the depth of the economic crisis induced by the pandemic.
He said the government had no option other than further taxation if it wanted to increase welfare measures.
“Further taxation means further burdens for people,” he said.
The Minister also said the previous Yahapalana government alienated national assets in a callous manner.