"Previous implementation of this practice has had a positive impact on the market."
The payment of the December salary of government officials, of government employees and hourly government staff within the first fortnight of the month[/B] is recommended by the Pancyprian Federation of Independent Trade Unions, stating in a statement that previous implementation of this practice has had a positive impact on the market.
The Federation's statement noted that if salaries and pensions were paid in the first fortnight of December, instead of on 20 and 28 December respectively, as announced, then "the wage-earning people who actually drive the bazaar would be able to do their shopping and Christmas shopping on time, without stress and without last-minute runs".
He goes on to say that this would also help households, while referring to an example from previous years, when individual salary payments were made in the first fortnight and had "positive results, both for workers and the market".
"We understand that to make this feasible requires planning for completion of the wage/pension payment process, which makes the implementation of this measure for this year difficult," the Federation adds, calling on the Ministry of Finance to consider this possibility for future holiday seasons.
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