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News Report: Minimum Wage Increase Likely To Be $250 ‘Or Close’

Written by: Youri Kemp, Tribune Business News, April 5th, 2022

The Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) labour division head yesterday said the minimum wage increase will likely “match $250” per week or “close to it”.

Peter Goudie told Tribune Business that while he is not part of the committee formed by the National Tripartite Council to examine the issue, based on what he is hearing the committee may agree to the sum pledged by the Progressive Liberal Party (PLP) in its general election campaign manifesto.

“The committee are still having surveys done, and I guess they want to put it all together, but we should have a meeting this coming Thursday. I don’t know if they are going to talk about it then or not. You heard what the Prime Minister said; he was looking at $250 a week, so we’re probably going to come close to it or match it,” he added.