Central Bank Employees Suspend Strike for Three Days

  • Economics
Central Bank Employees Suspend Strike for Three Days

The Syndicate of Central Bank Employees on Tuesday decided to suspend its strike for three days, pending what will happen concerning the government's planned measures to cut the salaries and benefits of public servants as part of its 2019 budget.

Following a meeting of their general assembly, the Central Bank employees announced that their strike will be lifted until Friday, when another meeting will be held to decide on the next step to make.

Abbas Awada, head of the syndicate, had told Reuters that there were positive developments in contacts with officials, and said central bank employees wanted to show good will and to "relieve the market".

Source: Kataeb.org