Gov’t, Organised Labour agree on 15% COLA

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overnment and Organised Labour have reached a consensus over the cost of living allowance workers have been demanding since May.

At a crunch meeting held on Thursday, July 14, the two parties and their various representatives agreed on a 15 percent cost of living allowance (COLA).

Organised Labour had initially demanded a 20 percent allowance, for which some worker unions proceeded on strike.

But after deliberations, the workers have agreed to accept 15 percent as COLA for the next few months.

This is expected to cushion them in the face of the rising cost of living in the country.

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