Bridgetown.
The International Monetary Fund (IMF) is correct in proposing a two -year wage freeze in the public sector and cuts in Government spending.
This is the view of Professor of Economics at the Cave Hill Campus of the University of the West Indies,Dr Michael Howard who told Trakker News that wage freeze had been on the cards for some time.
"I had been previously recommended that in order to deal with deficit, the one way of controlling it was to put a freeze on the public wages for two years and this was one of my recommendations," Howard said.
"If expenditure is allowed to grow, and if the number of workers in the public service are maintained, unless Government cap wages, the public debit as well as the deficit is going to continue to expand," he added.
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