President Donald Ramotar says the proposed five per cent salary increase announced last week is above the current inflation rate and is not likely to exceed this sum as the treasury cannot afford more at this point.
In an interview held at Office of the President yesterday, Ramotar also referred to the $32B budget cuts imposed by the opposition which he said could have brought in revenue in the long run.
“Important developmental projects are cut like the Amaila Falls which would have been about
