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Pay rises in prospect for public sector workers

With a new government and agreement from the International Monetary Fund, public sector workers look set to recoup some of the pay cuts imposed in 2010. The cuts in basic pay of 25% were partially restored last year with an increase of 15% but further increases are now being promised with a rise of 8% in June and then further increases worth another 7%. However, this does not take account of the cuts to bonuses and allowances that hit many workers and meant that some lost out by up to 40%. Read more at > Reuters news website (EN)