رفع الحد الأدنى لأجور القطاع الخاص في لبنان .. زيادة متواضعة تلتهمها نيران غلاء الأسعار
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00:00 With the beginning of the month of May, the decision to raise the minimum wage for workers
00:06 in the private sector was implemented, raising the wage from 9 million to 18 million Lira
00:12 per month, in addition to specializations and instead of transportation, to reach its
00:17 $400 level.
00:18 However, the increase in prices, which led to a decline in purchasing power and the reduction
00:23 in the value of salaries as a result of rapid increases, has affected the living life of
00:28 the families with limited income.
00:30 In the economy, we know that inflation is the loss of purchasing power.
00:36 The loss of purchasing power in Lebanon is deliberate, because they did not take any
00:42 measures to stop inflation.
00:44 On the contrary, they increased the production cost due to the increase in taxes, because
00:50 they did not take any measures to improve the infrastructure, which is very important
00:58 for production, because of smuggling and smuggling, because of the impact of our relations
01:05 with the Arab countries and the export of the capital.
01:11 And now, above all these, they are increasing the minimum wage in the private sector, and
01:18 this is also an increase in the cost for companies that will return to pay the prices.
01:25 The state did not succeed in unifying the prices of spending by the percentage of inflation
01:31 in Lebanon.
01:32 On the contrary, the prices of consumer goods have increased, as a result of global inflation
01:37 and security tensions, and the greed of merchants and the absence of accountability.
01:41 Under the influence of fixed and political spending, which forms a financing factor that
01:47 prevents citizens and observers from actually feeling, according to the numbers, that there
01:52 is inflation, the money they have is actually the purchasing power of their money.
01:59 I am talking about the US dollar, which is rapidly declining, and therefore they do not
02:04 have enough money to meet their needs.
02:07 Since the increase in salaries is a random increase that does not rely on data and studies,
02:12 it is part of the cycle of increasing salaries and prices, a wage-price spiral, and therefore
02:18 any increase will be affected by the increase in costs that will lead to an increase in
02:24 prices, and a demand for a new increase in salaries.
02:27 This means that this increase in the expected salaries will not be a solution, as there
02:32 have been no solutions, especially the salary chain since 2017, to this issue.
02:37 According to the central figures, the minimum wage should not be less than 38 million Lira,
02:43 while the international data shows that less than 52 million Lira cannot cover a single
02:48 family.
02:49 Considering that the inflation rate between 2018 and 2023 has reached about 635%.
03:00 Increasing wages, according to economists, is supposed to be a balance to increase prices
03:06 and to bring productivity and growth closer, not because of the increase in living costs.
03:12 However, in Lebanon, the government has not yet legislated to find effective solutions
03:17 to the collapse or even to look for ways to improve the growth rate.
03:23 Elena Mrat, CNBC Arabia, Beirut.